Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Business Loans for Louisville Small Businesses

 

 
Loan Census SBA Loan Info

Borrowing Money for Direct Selling Establishments

Looking for loans for direct selling establishments? An SBA loan may be just what you've been looking for. This $1,370,000 direct selling establishments loan was issued by a Pennsylvania bank.

Getting a small business loan in Louisville, Kentucky was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Pittsburgh, Pennsylvania. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
LOUISVILLE, KY 40243

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

5/18/2004

Loan Approval Gross Amount

$1,370,000

Loan Approval from the SBA

Of the total $1,370,000 loan amount, the SBA guaranteed $999,990.

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 application for the borrower indicated that the loan would help generate 37 new jobs and retain 37 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Louisville KY, you ought to talk with a local Louisville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Louisville businesses.

This SBA loan was for $1,370,000. How would you spend $1,370,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Raising Venture Capital

Who Lends Money to Small Businesses in Pittsburgh, Pennsylvania

SBA Participating Banks in Pennsylvania