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May 3, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Louisville, Business Loans > Stock Yards Bank & Trust Louisville Business Loans > Zoos And Botanical Gardens Loan | ||||
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Louisville, Kentucky SBA Banks
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Entrepreneur Works With Louisville, Kentucky Bank to Get an SBA LoanThinking about meeting with a Louisville, Kentucky bank about a business loan? Here's one Kentucky business loan, issued by a Louisville bank, that was approved by the SBA. Applying for an SBA loan with Stock Yards Bank & Trust worked out well for our friends at one local company in Pendleton, Kentucky. The business was able to get an SBA loan for $65,000. Way to go! SBA Loan Borrower COMPANY TYPE: ZOOS AND BOTANICAL GARDENS SBA Loan Lender STOCK YARDS BANK & TRUST This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 712130 - Zoos and Botanical Gardens Loan Approval Date 10/26/2000 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $52,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Stock Yards Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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:
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