Entrepreneur Works With Louisville, Kentucky Bank to Get an SBA Loan
A Louisville, Kentucky SBA loan can be yours. Learn how a business got a $84,000 business loan from this Kentucky bank.
This loan to a local firm is a good example of an SBA loan. National City Bank 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: SCIENTIFIC AND TECHNICAL CONSULTING SERVICES
LOUISVILLE, KY 40243
SBA Loan Lender
NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541690 - Scientific and Technical Consulting Services
Loan Approval Date
7/31/2003
Loan Approval Gross Amount
$84,000
Loan Approval from the SBA
Of the total $84,000 loan amount, the SBA guaranteed $42,000.
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 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
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:
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Small Bank Loans in Louisville, Kentucky
SBA Lenders in Kentucky