Small Business Loans for Petroleum and Coal Products Manufacturing

Looking for small business loans for petroleum and coal products manufacturing? An SBA loan may be just what you've been looking for. This $20,000 petroleum and coal products manufacturing loan was issued by a Kentucky bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with National City Bank, out of Louisville, Kentucky. The loan was granted and they received $20,000 to help grow their Manchester, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM AND COAL PRODUCTS MANUFACTURING
Manchester, KY 40962

SBA Loan Lender

NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202

This small 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

324199 - Petroleum and Coal Products Manufacturing

Loan Approval Date

4/6/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $20,000 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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