Kentucky Small Business Loan Issued to Book Publishing Company

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

This small business, based in Louisville, Kentucky, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Stock Yards Bank & Trust. We've got the inside scoop on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK PUBLISHING
LOUISVILLE, KY 40206

SBA Loan Lender

STOCK YARDS BANK & TRUST
1040 E MAIN ST
LOUISVILLE, KY 40202

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2731 - Book Publishing

Loan Approval Date

6/21/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Louisville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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