National City Bank SBA Loan to No Industry Type Specified Company
Want a Kentucky business loan? Here's one Kentucky business loan that was approved by the SBA.
This small business needed an SBA business loan in Elsmere, Kentucky back in 2006 and, after submitting their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Louisville, Kentucky. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
Elsmere, KY 41018
SBA Loan Lender
NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
516110 -
Loan Approval Date
6/14/2006
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you want money for new small business in Elsmere KY, you ought to talk with a local Elsmere SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elsmere businesses.
We can help you find the best banks for small businesses in Elsmere 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:
Alternative Financing
SBA 7A Banks in Louisville, Kentucky
Kentucky SBA 7A Lenders