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November 15, 2024  
 
 
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Peoples Bank Sb Loans

 

 
Loan Census SBA Loan Info

Business Loans for Glass and Glazing Contractors

Looking for business loans for glass and glazing contractors? Talk to a banker who works with the SBA. This $44,000 glass and glazing contractors loan was issued by an Indiana bank.

This small business knew how to go about getting a business bank loan. Based in Gary, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Peoples Bank Sb, based in Munster, Indiana.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
GARY, IN 46407

SBA Loan Lender

PEOPLES BANK SB
9204 COLUMBIA AVE, BLDG B
MUNSTER, IN 46321

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

238150 - Glass and Glazing Contractors

Loan Approval Date

12/6/2005

Loan Approval Gross Amount

$44,000

Loan Approval from the SBA

Of the total $44,000 loan amount, the SBA guaranteed $22,000.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Credit Cards

SBA Approved Banks in Munster, Indiana

Indiana SBA 7A Banks