Springfield, KY Entrepreneur Gets SBA Loan to Buy 1 800 Got Junk Franchise

Need a loan to purchase a 1 800 Got Junk franchise? Stock Yards Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

1 800 Got Junk franchise loans are available to Springfield, Kentucky entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Stock Yards Bank & Trust, based in Louisville, Kentucky, issued an SBA franchise loan for a 1 800 Got Junk franchise in 2006. We've got all the details on this Kentucky small business loan.

SBA Loan Borrower

1-800-GOT-JUNK?
SPRINGFIELD, KY 40069

SBA Loan Lender

STOCK YARDS BANK & TRUST
1040 E MAIN ST
LOUISVILLE, KY 40202

This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4213 - Trucking

NAICS Code

562119 - Waste Collection

Loan Approval Date

2/6/2006

Loan Approval Gross Amount

$64,000

Loan Approval from the SBA

Of the total $64,000 loan amount, the SBA guaranteed $54,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a 1 800 Got Junk franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

1-800-GOT-JUNK?

SBIR Funding

SBA 7A Banks in Louisville, Kentucky

Kentucky SBA 7A Banks