Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Best Banks for Uniontown, Kentucky Businesses

 

 
Loan Census SBA Loan Info

Borrowing Money for Gasoline Stations

Looking for loans for gasoline stations? Try the SBA. This $72,000 gasoline stations loan was issued by a Kentucky bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ohio Valley Financial Group, out of Henderson, Kentucky. The loan was granted and they received $72,000 to help grow their Uniontown, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
UNIONTOWN, KY 42461

SBA Loan Lender

OHIO VALLEY FINANCIAL GROUP
140 N MAIN ST
HENDERSON, KY 42420

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447190 - Gasoline Stations

Loan Approval Date

6/21/2001

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $61,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

How to Raise Money

Small Business Banks in Henderson, Kentucky

Getting a Business Loan in Kentucky