SBA lending record

Lack Enterprises LLC

405 RUSSELL RD, Ashland, KY 41101 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.2M

Total SBA financing

Loans on record

FY2021–22

On record

Jobs supported

Franchise brand

Rally's

See Rally's's SBA financing data — typical deal, failure rate, and how its loans perform →

● business — business location is the ZIP-area centroid from the public record

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All 2 loans

$1,895,000 — FY2022

Loan 1 of 2

Gross approval: $1,895,000
SBA guaranteed: $1,421,250 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 5.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/3/2022
First disbursement: 3/18/2022
Days to fund: 15 days
Collateral: Required
Sold on secondary market

The lenders

Fifth Third Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Beacon Bank and Trust

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for Lack Enterprises LLC in Ashland, KY (Limited-Service Restaurants). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

2 SBA 7(a) loans totaling $2.2M
On record FY2021–22
70 jobs supported
Industry: Limited-Service Restaurants
Location: Ashland, KY
Lenders: Fifth Third Bank, Beacon Bank and Trust

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/lack-enterprises-llc-ky
API:: https://dealroom.so/api/public/businesses/lack-enterprises-llc-ky
Methodology:: Sources & methodology

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Lack Enterprises LLC.