Wabash, Indiana Bank Lends Money to Solid Waste Collection Company in Columbia City, Indiana

Want to talk with a Wabash, Indiana bank about an SBA loan? Here's one Indiana business loan, issued by a Wabash bank, that was approved by the SBA.

Applying for an SBA loan with Crossroads Bank worked out well for our friends at one local company in Columbia City, Indiana. The business was able to get an SBA loan for $66,200. Sweet!

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
COLUMBIA CITY, IN 46725

SBA Loan Lender

CROSSROADS BANK
1205 N CASS ST
WABASH, IN 46992

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

562111 - Solid Waste Collection

Loan Approval Date

3/26/2007

Loan Approval Gross Amount

$66,200

Loan Approval from the SBA

Of the total $66,200 loan amount, the SBA guaranteed $33,100.

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. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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