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December 19, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Evansville, Business Loans > Old National Bank Evansville Business Loans > Concrete Contractors Loan | ||||
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SBA 7A Banks for Small Businesses in Indiana
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Company Gets an Indiana Small Business LoanWould an Indiana SBA loan help your business get to the next level? If so, you may want to talk with this Indiana bank, which offers SBA loans to Indiana entrepreneurs. By giving the right information to Old National Bank, this Brownsburg, Indiana business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: CONCRETE CONTRACTORS SBA Loan Lender OLD NATIONAL BANK This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 235710 - Concrete Contractors Loan Approval Date 5/19/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan documents indicated that the loan would help create 11 new jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Brownsburg 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: SBA Approved Banks in Evansville, Indiana
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