Financing for Office Administrative Services

With these commercial loans for office administrative services, the SBA guarantees the lender that the loan will be repaid. This office administrative services loan for $143,000 was given to a Kentucky entrepreneur in 2005.

Getting a small business loan in Louisville, Kentucky was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Old National Bank, operating out of Greenville, Kentucky. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT SERVICES
LOUISVILLE, KY 40223

SBA Loan Lender

OLD NATIONAL BANK
131 E MAIN
GREENVILLE, KY 42345

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8741 - Management Services

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

11/30/2005

Loan Approval Gross Amount

$143,000

Loan Approval from the SBA

Of the total $143,000 loan amount, the SBA guaranteed $114,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Old National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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Small Bank Loans in Greenville, Kentucky

SBA Participating Banks in Kentucky