Entrepreneur Works With Elizabethtown, Kentucky Bank to Get an SBA Loan
Get small business loans from an Elizabethtown, Kentucky bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
First Fed. Savings Bank - Elizab is a Elizabethtown, Kentucky small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kentucky company.
SBA Loan Borrower
COMPANY TYPE: PLASTICS FOAM PRODUCTS
LOUISVILLE, KY 40203
SBA Loan Lender
FIRST FED. SAVINGS BANK - ELIZAB
2323 RING RD
ELIZABETHTOWN, KY 42701
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3086 - Plastics Foam Products
NAICS Code
326140 - Polystyrene Foam Product Manufacturing
Loan Approval Date
8/12/2005
Loan Approval Gross Amount
$928,000
Loan Approval from the SBA
Of the total $928,000 loan amount, the SBA guaranteed $696,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 25 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Fed. Savings Bank - Elizab that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
How Equity Dilution Works
SBA Banks in Elizabethtown, Kentucky
Kentucky SBA 7A Lenders