Borrowing Money for Personal and Household Goods Repair and Maintenance

Looking for small business loans for personal and household goods repair and maintenance? An SBA loan may be just what you've been looking for. This $150,000 personal and household goods repair and maintenance loan was issued by a Kentucky bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Pbi Bank, out of Louisville, Kentucky. The loan was granted and they received $150,000 to help grow their Louisville, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: WATCH, CLOCK, AND JEWELRY REPAIR
LOUISVILLE, KY 40220

SBA Loan Lender

PBI BANK
2500 EASTPOINT PKWY
LOUISVILLE, KY 40223

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7631 - Watch, Clock, and Jewelry Repair

NAICS Code

811490 - Personal and Household Goods Repair and Maintenance

Loan Approval Date

3/14/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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