Get an SBA Loan for Wood Container and Pallet Manufacturing
Looking for bank loans for wood container and pallet manufacturing? Talk to a banker who works with the SBA. This $621,600 wood container and pallet manufacturing loan was issued by a Kentucky bank.
Getting a small business loan in Liberty, Kentucky was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Community Trust Bank, Inc., operating out of Campbellsville, Kentucky. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING
LIBERTY, KY 42539
SBA Loan Lender
COMMUNITY TRUST BANK, INC.
1218 E BROADWAY
CAMPBELLSVILLE, KY 42719
This commercial 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
321920 - Wood Container and Pallet Manufacturing
Loan Approval Date
2/4/2005
Loan Approval Gross Amount
$621,600
Loan Approval from the SBA
Of the total $621,600 loan amount, the SBA guaranteed $466,200.
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 7 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
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.
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