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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Louisville, Business Loans > National City Bank Louisville Business Loans > Roberts Ventures, LLC Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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National City Bank Provides SBA Loan to Buy Servpro FranchiseNeed a loan to purchase a Servpro franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lexington, Kentucky needed money to invest in a Servpro franchise back in 2005. National City Bank issued an SBA franchise loan. Here are the details on this Kentucky small business loan. SBA Loan Borrower ROBERTS VENTURES, LLC SBA Loan Lender NATIONAL CITY BANK This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 562910 - Remediation Services Loan Approval Date 1/26/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Lexington KY, you ought to talk with a local Lexington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lexington businesses. 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 National City 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: SBA Participating Banks in Louisville, Kentucky Find an SBA Lender in Kentucky
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