Where to Get Capital for Vending Machine Operators
Looking for small business loans for vending machine operators? Talk to a banker who works with the SBA. This $50,900 vending machine operators loan was issued by a Kentucky bank.
Getting a small business loan in Pewee Valley, Kentucky was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Republic Bank & Trust Company, operating out of Louisville, Kentucky. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: VENDING MACHINE OPERATORS
PEWEE VALLEY, KY 40056
SBA Loan Lender
REPUBLIC BANK & TRUST COMPANY
601 W MARKET ST, REPUBLIC COR
LOUISVILLE, KY 40202
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454210 - Vending Machine Operators
Loan Approval Date
7/19/2007
Loan Approval Gross Amount
$50,900
Loan Approval from the SBA
Of the total $50,900 loan amount, the SBA guaranteed $43,265.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
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.
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 Republic Bank & Trust Company 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:
Business Credit Evaluation
Where to Get an SBA Loan in Louisville, Kentucky
SBA Kentucky Lenders