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May 9, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Glasgow, Business Loans > Edmonton State Bank Glasgow Business Loans > Stationery And Office Supplies Merchant Wholesalers Loan | ||||
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Glasgow, Kentucky Bank for SBA Loans
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Glasgow, Kentucky Lender Lends Money to Stationery And Office Supplies Merchant Wholesalers CompanyGet to know Glasgow, Kentucky banks that specialize in SBA loans and know how to work with entrepreneurs. Edmonton State Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Horse Cave, Kentucky starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Edmonton State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender EDMONTON STATE BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 424120 - Stationery and Office Supplies Merchant Wholesalers Loan Approval Date 9/19/2007 Loan Approval Gross Amount $8,000 Loan Approval from the SBA Of the total $8,000 loan amount, the SBA guaranteed $4,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the borrowed money would help create 2 new jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $8,000 loan. Remember, things become real when you believe you can achieve them! 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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