SBA Loans for Drinking Places

Looking for SBA loans for drinking places? Try the SBA. This $240,300 drinking places loan was issued by an Indiana bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Evansville, Indiana was able to borrow $240,300 from Evansville Commerce Bank. The SBA made the loan possible by guaranteeing $180,225 of this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
EVANSVILLE, IN 47710

SBA Loan Lender

EVANSVILLE COMMERCE BANK
20 NW 4TH ST
EVANSVILLE, IN 47708

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

2/21/2007

Loan Approval Gross Amount

$240,300

Loan Approval from the SBA

Of the total $240,300 loan amount, the SBA guaranteed $180,225.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Alternative Financing

Where to Get an SBA Loan in Evansville, Indiana

SBA Indiana Banks