Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Fishers, Indiana With SBA Loans

 

 
Loan Census SBA Loan Info

Medical Laboratories Business Loans

Looking for business loans for medical laboratories? The SBA may be the answer. This $221,800 medical laboratories loan was issued by an Indiana bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fishers, Indiana was able to borrow $221,800 from National City Bank. The SBA made the loan possible by guaranteeing $110,900 of this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: MEDICAL LABORATORIES
FISHERS, IN 46038

SBA Loan Lender

NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

621511 - Medical Laboratories

Loan Approval Date

5/17/2005

Loan Approval Gross Amount

$221,800

Loan Approval from the SBA

Of the total $221,800 loan amount, the SBA guaranteed $110,900.

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 22 employees. The loan application indicated that the loan would help generate 17 new jobs and retain 22 existing jobs.

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

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National City Bank and they will explain how you can get an SBA loan for your company.

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:

The Art of Bootstrapping

SBA 7A Banks in Indianapolis, Indiana

Indiana SBA Bank Lenders