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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Greenville, Business Loans > Old National Bank Greenville Business Loans > Sporting Goods Stores Loan | ||||
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Banks in Greenville, Kentucky That Make SBA Loans
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Greenville, Kentucky Bank Gives SBA Loan to Sporting Goods Stores CompanyThinking about meeting with a Greenville, Kentucky bank about an SBA loan? Here's one Florida business loan, issued by a Greenville bank, that was approved by the SBA. Applying for an SBA loan with Old National Bank worked out well for our friends at one local company in Destin, Florida. They got an SBA loan for $300,000. Great job! SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender OLD NATIONAL BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 5/6/2003 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 7 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Old National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Obtaining Funding - Getting Venture Capital SBA Participating Banks in Greenville, Kentucky Where to Get an SBA Loan Kentucky
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