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May 16, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Florence, Business Loans > Fifth Third Bank Florence Business Loans > Sporting And Recreational Goods And Supplies Merchant Wholesalers Loan | ||||
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Examples of Park Hills SBA Loans
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Sporting and Recreational Goods and Supplies Merchant Wholesalers Commercial LoansLooking for commercial loans for sporting and recreational goods and supplies merchant wholesalers? The SBA may be the answer. This $50,000 sporting and recreational goods and supplies merchant wholesalers loan was issued by a Kentucky bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Park Hills, Kentucky was able to borrow $50,000 from Fifth Third Bank. The SBA made the loan possible by guaranteeing $25,000 of this Kentucky small business loan. SBA Loan Borrower COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender FIFTH THIRD BANK This SBA bank 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 423910 - Sporting and Recreational Goods and Supplies Merchant Wholesalers Loan Approval Date 9/10/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Fifth Third 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: Raising VC Money for Social Networking Companies Best Florence, Kentucky Banks for Small Business
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