Indiana SBA Loan Issued to Liquor Stores Company

Want an Indiana small business loan? This Indiana entrepreneur got a small business loan, provided by an Indiana bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Greenwood, Indiana by studying this loan to a local company, made back in 2002. Banks like Harris National Association may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUOR STORES
GREENWOOD, IN 46143

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
3901 W 86TH ST
INDIANAPOLIS, IN 46268

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5921 - Liquor Stores

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

12/2/2002

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Harris National Association 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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