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May 4, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Louisville, Business Loans > Commonwealth Bank & Trust Louisville Business Loans > Painting And Wall Covering Contractors Loan | ||||
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Indiana Small Business Funding
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Small Business Loans for Painting and Wall Covering ContractorsLooking for small business loans for painting and wall covering contractors? Try the SBA. This $829,000 painting and wall covering contractors loan was issued by a Kentucky bank. This small firm knew how to go about getting a business bank loan. Based in Corydon, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Commonwealth Bank & Trust, based in Louisville, Kentucky. SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS SBA Loan Lender COMMONWEALTH BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238320 - Painting and Wall Covering Contractors Loan Approval Date 8/18/2006 Loan Approval Gross Amount $829,000 Loan Approval from the SBA Of the total $829,000 loan amount, the SBA guaranteed $621,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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 Commonwealth Bank & Trust 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: Obtaining Funding - How to Borrow Money Find an SBA Lender in Louisville, Kentucky
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