Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Smiths Grove, Kentucky Bank for SBA Loans

 

 
Loan Census SBA Loan Info

South Cent. Bank - Bowling Green Gives Business Loan to Meat Packing Plants Company

Looking to get a Kentucky SBA loan? This Kentucky entrepreneur got an SBA loan, provided by a Kentucky bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Smiths Grove, Kentucky by studying this loan to a local business, made back in 2005. Banks like South Cent. Bank - Bowling Green may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: MEAT PACKING PLANTS
SMITHS GROVE, KY 42171

SBA Loan Lender

SOUTH CENT. BANK - BOWLING GREEN
1757 CAMPBELL LN
BOWLING GREEN, KY 42104

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2011 - Meat Packing Plants

NAICS Code

311611 - Animal Slaughtering

Loan Approval Date

9/28/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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

Borrowing Money from Friends and Family

SBA 7A Banks for Bowling Green, Kentucky Loans

SBA Lenders in Kentucky