Indiana Business Loan Issued to Building Inspection Services Company

Small business loans in Indiana are hard to find these days. We take a look at one Indiana small business loan, provided by a California bank, that was approved by the SBA.

Getting a small business loan in Gary, Indiana was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Innovative Bank. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING INSPECTION SERVICES
GARY, IN 46404

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541350 - Building Inspection Services

Loan Approval Date

3/2/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Gary IN, you ought to talk with a local Gary SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gary businesses.

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:

Obtaining Funding - Friends and Family

SBA Approved Banks in Oakland, California

Browse All Business Loan Sources for California