Walton, Kentucky Entrepreneur Gets a Business Loan

Searching for a Kentucky business loan? This Kentucky entrepreneur got a business loan, provided by a Kentucky bank that works with the SBA to help small business owners.

This company, based in Walton, Kentucky, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from The Bank Of Kentucky, Inc. We've got the inside scoop on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: HEAVY CONSTRUCTION EQUIPMENT RENTAL AND LEASING
WALTON, KY 41094

SBA Loan Lender

THE BANK OF KENTUCKY, INC
111 LOOKOUT FARM DR
CRESTVIEW HILLS, KY 41017

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

7353 - Heavy Construction Equipment Rental and Leasing

Loan Approval Date

3/30/2000

Loan Approval Gross Amount

$90,300

Loan Approval from the SBA

Of the total $90,300 loan amount, the SBA guaranteed $45,150.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Walton KY, you ought to talk with a local Walton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Walton businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from The Bank Of Kentucky, Inc so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

SBIR Funding

SBA Approved Banks in Crestview Hills, Kentucky

SBA Lenders in Kentucky