Florence, Kentucky Bank Lends Money to General Warehousing And Storage Company in Erlanger, Kentucky

Get business loans from a Florence, Kentucky bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First Security Tr Bank Inc. is a Florence, Kentucky small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kentucky company.

SBA Loan Borrower

COMPANY TYPE: GENERAL WAREHOUSING AND STORAGE
ERLANGER, KY 41018

SBA Loan Lender

FIRST SECURITY TR BANK INC.
7135 HOUSTON RD
FLORENCE, KY 41042

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4225 - General Warehousing and Storage

NAICS Code

493110 - General Warehousing and Storage

Loan Approval Date

1/18/2005

Loan Approval Gross Amount

$1,247,000

Loan Approval from the SBA

Of the total $1,247,000 loan amount, the SBA guaranteed $935,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,247,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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