United Fidelity Bank, Fsb SBA Loan to Dentists Company

An SBA loan from United Fidelity Bank, Fsb typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Carmel, Indiana business owner got a $535,000 loan.

This business knew how to go about getting a business bank loan. Based in Carmel, Indiana, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was United Fidelity Bank, Fsb, based in Evansville, Indiana.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
CARMEL, IN 46032

SBA Loan Lender

UNITED FIDELITY BANK, FSB
18 NW FOURTH ST
EVANSVILLE, IN 47708

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

1/23/2007

Loan Approval Gross Amount

$535,000

Loan Approval from the SBA

Of the total $535,000 loan amount, the SBA guaranteed $401,250.

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 did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. United Fidelity Bank, Fsb had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, United Fidelity Bank, Fsb made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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