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November 15, 2024  
 
 
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Kentucky Small Business Funding

 

 
Loan Census SBA Loan Info

Commercial Loans for Marketing Consulting Services

Looking for commercial loans for marketing consulting services? Talk to a banker who works with the SBA. This $97,300 marketing consulting services loan was issued by a Kentucky bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community Trust Bank, Inc., out of Mount Sterling, Kentucky. The loan was granted and they received $97,300 to help grow their Lexington, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
LEXINGTON, KY 40513

SBA Loan Lender

COMMUNITY TRUST BANK, INC.
HIGH & MAYSVILLE STS
MOUNT STERLING, KY 40353

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8742 - Management Consulting Services

NAICS Code

541613 - Marketing Consulting Services

Loan Approval Date

12/7/2001

Loan Approval Gross Amount

$97,300

Loan Approval from the SBA

Of the total $97,300 loan amount, the SBA guaranteed $82,705.

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 only one employee. The loan application did not indicate that the company promised to use the money to hire new 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

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SBA 7A Lenders in Mount Sterling, Kentucky

Where to Get an SBA Loan Kentucky