Evansville, Indiana Bank Lends Money to Beauty Salons Company in Maysville, Kentucky
Want to talk with an Evansville, Indiana bank about a small business loan? Here's one Kentucky business loan, issued by an Evansville bank, that was approved by the SBA.
Applying for an SBA loan with Integra Bank worked out well for our friends at one local company in Maysville, Kentucky. The business was able to get an SBA loan for $13,300. Nice!
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
MAYSVILLE, KY 41056
SBA Loan Lender
INTEGRA BANK
21 SE 3RD ST
EVANSVILLE, IN 47708
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
11/9/2007
Loan Approval Gross Amount
$13,300
Loan Approval from the SBA
Of the total $13,300 loan amount, the SBA guaranteed $6,650.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start business in Maysville KY, you ought to talk with a local Maysville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Maysville businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $13,300 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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Getting an SBA Loan in Indiana