Business Loans for Supermarkets and Grocery Stores
Looking for business loans for supermarkets and grocery stores? Try the SBA. This $35,000 supermarkets and grocery stores loan was issued by a Kentucky bank.
Getting a small business loan in Louisville, Kentucky was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Louisville, Kentucky. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
Louisville, KY 40202
SBA Loan Lender
NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
445110 - Supermarkets and Grocery Stores
Loan Approval Date
9/19/2005
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Business Incubators
SBA Banks in Louisville, Kentucky
Getting an SBA Loan in Kentucky