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

Raising Money in Louisville, Kentucky With SBA Loans

 

 
Loan Census SBA Loan Info

Fifth Third Bank Gives Bank Loan to Gasoline Service Stations Company

Would a Kentucky small business loan help your small business to grow and prosper? If so, you may want to talk with this Michigan bank, which offers SBA loans to Kentucky entrepreneurs.

You can learn something about getting a small business loan in Louisville, Kentucky by studying this loan to a local company, made back in 2006. Banks like Fifth Third Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
LOUISVILLE, KY 40219

SBA Loan Lender

FIFTH THIRD BANK
111 LYON ST NW
GRAND RAPIDS, MI 49503

This SBA loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/22/2006

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

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 75 employees. The SBA loan application for the borrower indicated that the loan would help retain 75 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Fifth Third Bank and they will explain how you can get an SBA loan for your company.

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:

Banking Deregulation's Effects on Entrepreneurship

Good Banks for Small Business in Grand Rapids, Michigan

SBA Lenders in Michigan