Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Louisville, Kentucky Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Car Washes

Looking for loans for car washes? An SBA loan may be just what you've been looking for. This $1,124,000 car washes loan was issued by an Ohio bank.

This small firm knew how to go about getting a business bank loan. Based in Louisville, Kentucky, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Key Direct, A Branch Of, based in Brooklyn, Ohio.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
LOUISVILLE, KY 40210

SBA Loan Lender

KEY DIRECT, A BRANCH OF
4910 TIEDEMAN RD, OH-01-51-06
BROOKLYN, OH 44144

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

5/2/2002

Loan Approval Gross Amount

$1,124,000

Loan Approval from the SBA

Of the total $1,124,000 loan amount, the SBA guaranteed $843,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Louisville 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:

504 Loans

Good Banks for Small Business in Brooklyn, Ohio

Getting an SBA Loan in Ohio