Louisville, Kentucky Entrepreneur Gets a Small Business Loan
SBA loans in Kentucky are hard to find these days. We take a look at one Kentucky SBA loan, provided by a North Carolina bank, that was approved by the SBA.
Getting a small business loan in Louisville, Kentucky was a top priority for this particular business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: CABLE AND OTHER PAY TELEVISION SERVICES
LOUISVILLE, KY 40205
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4841 - Cable and Other Pay Television Services
Loan Approval Date
1/25/2000
Loan Approval Gross Amount
$645,000
Loan Approval from the SBA
Of the total $645,000 loan amount, the SBA guaranteed $483,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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