Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Hardinsburg, Kentucky SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Hardinsburg, Kentucky Bank to Get an SBA Loan

Thinking about meeting with a Hardinsburg, Kentucky bank about an SBA loan? Here's one Kentucky business loan, issued by a Hardinsburg bank, that was approved by the SBA.

Applying for an SBA loan with Farmers Bank worked out well for our friends at one local company in Jeffersontown, Kentucky. The business was able to get an SBA loan for $275,970. Nice!

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE AND APPAREL TRIMMINGS
JEFFERSONTOWN, KY 40299

SBA Loan Lender

FARMERS BANK
1119 OLD US HWY 60 EAST
HARDINSBURG, KY 40143

This business 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.

SIC Code

2396 - Automotive and Apparel Trimmings

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

1/17/2002

Loan Approval Gross Amount

$275,970

Loan Approval from the SBA

Of the total $275,970 loan amount, the SBA guaranteed $206,978.

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 37 employees. The SBA loan documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

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.

Related Links:

Equity Financing

SBA Approved Banks in Hardinsburg, Kentucky

Find an SBA Lender in Kentucky