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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Mayfield, Business Loans > Fnb Bank, Inc. Mayfield Business Loans > Beauty Salons Loan | ||||
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Fnb Bank, Inc.
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Mayfield, Kentucky Business Gets SBA-Guaranteed Funding from Fnb Bank, Inc.An SBA loan from Fnb Bank, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mayfield, Kentucky business owner got a $30,000 loan. This growing company knew how to go about getting a business bank loan. Based in Mayfield, Kentucky, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Fnb Bank, Inc., based in Mayfield, Kentucky. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender FNB BANK, INC. This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812112 - Beauty Salons Loan Approval Date 4/18/2006 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $30,000. How would you spend $30,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Mayfield, Kentucky Banks for Small Business Find an SBA Lender in Kentucky
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