Borrowing Money for Confectionery Wholesalers

Looking for small business loans for confectionery wholesalers? Try the SBA. This $30,000 confectionery wholesalers loan was issued by an Indiana bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Fifth Third Bank, out of Evansville, Indiana. The loan was granted and they received $30,000 to help grow their Franklin, Indiana business.

SBA Loan Borrower

COMPANY TYPE: CONFECTIONERY
FRANKLIN, IN 46161

SBA Loan Lender

FIFTH THIRD BANK
20 NW THIRD ST
EVANSVILLE, IN 47708

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5145 - Confectionery

NAICS Code

422450 - Confectionery Wholesalers

Loan Approval Date

1/27/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Fifth Third 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.

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