Professional, Scientific, and Technical Services Loans

Looking for loans for professional, scientific, and technical services? Try the SBA. This $350,000 professional, scientific, and technical services loan was issued by an Indiana bank.

This company knew how to go about getting a business bank loan. Based in Frankfort, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was North Salem State Bank, based in North Salem, Indiana.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
FRANKFORT, IN 46041

SBA Loan Lender

NORTH SALEM STATE BANK
7 N BROADWAY ST
NORTH SALEM, IN 46165

This SBA 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

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

1/27/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Frankfort IN, you ought to talk with a local Frankfort SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Frankfort businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from North Salem State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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