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May 13, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Cleveland, Business Loans > National City Bank Cleveland Business Loans > Painting And Wall Covering Contractors Loan | ||||
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How to Get SBA Money in Lancaster, Kentucky
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Kentucky Business Loan Issued to Painting And Wall Covering Contractors CompanyKentuckySBA loans are available to Kentucky entrepreneurs through the SBA. In this case, an Ohio bank provides the loan. Getting a small business loan in Lancaster, Kentucky was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from National City Bank. Here are the details on this Kentucky small business loan. SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS SBA Loan Lender NATIONAL CITY BANK This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 238320 - Painting and Wall Covering Contractors Loan Approval Date 11/27/2007 Loan Approval Gross Amount $10,500 Loan Approval from the SBA Of the total $10,500 loan amount, the SBA guaranteed $5,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from National City Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Realistic Debt Financing Options Good Banks for Small Business in Cleveland, Ohio
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