Louisville, Kentucky Entrepreneur Gets a Business Loan
KentuckyBank loans are available to Kentucky firms through the SBA. In this case, an Indiana bank provides the loan.
You can learn something about getting a small business loan in Louisville, Kentucky by studying this loan to a local company, made back in 2005. Banks like Irwin Union Bank, F.S.B. may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
LOUISVILLE, KY 40207
SBA Loan Lender
IRWIN UNION BANK, F.S.B.
500 WASHINGTON ST
COLUMBUS, IN 47202
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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
1/27/2005
Loan Approval Gross Amount
$394,000
Loan Approval from the SBA
Of the total $394,000 loan amount, the SBA guaranteed $295,500.
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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Business Cash Advances
SBA Participating Banks in Columbus, Indiana
Indiana SBA 7A Banks