Roofing Contractors Business Loans

With these business loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $1,000,000 was given to an Indiana entrepreneur in 2006.

Getting a small business loan in Columbus, Indiana was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Jackson County Bank, operating out of Columbus, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
COLUMBUS, IN 47203

SBA Loan Lender

JACKSON COUNTY BANK
400 WASHINGTON ST
COLUMBUS, IN 47206

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238160 - Roofing Contractors

Loan Approval Date

10/23/2006

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 80 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Debt Financing

Small Business Banks in Columbus, Indiana

SBA Lenders in Indiana