Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Who Lends Money to Independence Small Business Owners

 

 
Loan Census SBA Loan Info

Independence, Kentucky Entrepreneur Gets a Business Loan

Looking to get a Kentucky SBA loan? This Kentucky entrepreneur got an SBA loan, provided by a Kentucky bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Independence, Kentucky by studying this loan to a local business, made back in 2000. Banks like The Bank Of Kentucky, Inc may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
INDEPENDENCE, KY 41051

SBA Loan Lender

THE BANK OF KENTUCKY, INC
111 LOOKOUT FARM DR
CRESTVIEW HILLS, KY 41017

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

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

SIC Code

2431 - Millwork

NAICS Code

321918 - Millwork

Loan Approval Date

3/24/2000

Loan Approval Gross Amount

$18,700

Loan Approval from the SBA

Of the total $18,700 loan amount, the SBA guaranteed $9,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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