Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Indiana SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Fort Wayne, Indiana Bank Lends Money to Carwashes Company in Bluffton, Indiana

Get SBA loans from a Fort Wayne, Indiana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Fifth Third Bank is a Fort Wayne, Indiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Indiana company.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
BLUFFTON, IN 46714

SBA Loan Lender

FIFTH THIRD BANK
132 E BERRY ST
FORT WAYNE, IN 46802

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

9/8/2000

Loan Approval Gross Amount

$982,000

Loan Approval from the SBA

Of the total $982,000 loan amount, the SBA guaranteed $736,500.

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 20 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up 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.

Related Links:

Understanding Dilution

Where to Get an SBA Loan in Fort Wayne, Indiana

Indiana SBA Bank Lenders