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November 14, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Fort Wayne, Business Loans > Fifth Third Bank Fort Wayne Business Loans > Retail Stores Loan | ||||
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Who Lends Money to Fremont Entrepreneurs
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Fifth Third Bank Gives SBA Loan to Retail Stores CompanyIndianaSmall business loans are available to Indiana small business owners through the SBA. In this case, an Indiana bank provides the loan. Getting a small business loan in Fremont, Indiana was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Fifth Third Bank. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender FIFTH THIRD BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores NAICS Code 453998 - Store Retailers Loan Approval Date 4/26/2004 Loan Approval Gross Amount $127,500 Loan Approval from the SBA Of the total $127,500 loan amount, the SBA guaranteed $108,375. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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: Where to Get an SBA Loan in Fort Wayne, Indiana Getting an SBA Loan in Indiana
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