Business Loan from Fifth Third Bank Given to Exam Preparation And Tutoring Company

An SBA loan from Fifth Third Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Crestview Hills, Kentucky business owner got a $77,300 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Crestview Hills, Kentucky was able to borrow $77,300 from Fifth Third Bank. The SBA made the loan possible by guaranteeing $38,650 of this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: EXAM PREPARATION AND TUTORING
Crestview Hills, KY 41017

SBA Loan Lender

FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

611691 - Exam Preparation and Tutoring

Loan Approval Date

3/10/2006

Loan Approval Gross Amount

$77,300

Loan Approval from the SBA

Of the total $77,300 loan amount, the SBA guaranteed $38,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 5 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Crestview Hills KY, you ought to talk with a local Crestview Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Crestview Hills businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks in Cincinnati, Ohio

SBA Lenders in Ohio