Entrepreneur Works With Louisville, Kentucky Bank to Get an SBA Loan
A Louisville, Kentucky business loan can be yours. Learn how a company got a $174,000 business loan from this Kentucky bank.
This loan to an entrepreneur is a good example of an SBA loan. Louisville Commun Devel Bk made the loan and the SBA guaranteed a portion of the loan. Many other Kentucky entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: RESIDENTIAL CARE
LOUISVILLE, KY 40203
SBA Loan Lender
LOUISVILLE COMMUN DEVEL BK
2901 W BROADWAY
LOUISVILLE, KY 40211
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8361 - Residential Care
NAICS Code
623990 - Residential Care Facilities
Loan Approval Date
12/22/2000
Loan Approval Gross Amount
$174,000
Loan Approval from the SBA
Of the total $174,000 loan amount, the SBA guaranteed $130,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 13 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Angel Investors
Good Banks for Small Business in Louisville, Kentucky
Kentucky SBA 7A Lenders