Taylor Mill, KY Entrepreneur Gets SBA Loan to Buy Kwik-Kopy Franchise

Borrowing money to buy a Kwik-Kopy franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Kwik-Kopy franchise? If so, here's a 2002 SBA franchise loan that you should know about. Fifth Third Bank was the lender and the entrepreneur was based in Taylor Mill, Kentucky.

SBA Loan Borrower

KWIK KOPY BUSINESS CENTER 112
TAYLOR MILL, KY 41015

SBA Loan Lender

FIFTH THIRD BANK
8100 BURLINGTON PIKE
FLORENCE, KY 41042

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

11/21/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kwik-Kopy franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

We can help you find the best banks for small businesses in Taylor Mill or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Kwik Kopy Business Centers

Accountant's Role in Securing Financing

SBA Participating Banks in Florence, Kentucky

Getting an SBA Loan in Kentucky