Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Indiana Business Bank Business Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Sign Manufacturing

Looking for bank loans for sign manufacturing? Talk to a banker who works with the SBA. This $400,000 sign manufacturing loan was issued by an Indiana bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Indiana Business Bank, out of Indianapolis, Indiana. The loan was granted and they received $400,000 to help grow their Greenwood, Indiana business.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
GREENWOOD, IN 46143

SBA Loan Lender

INDIANA BUSINESS BANK
250 E 96TH ST, STE 100
INDIANAPOLIS, IN 46240

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

3/13/2007

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

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 16 employees. This SBA loan request indicated that the borrowed money would help create 16 new jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Indiana Business Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Indiana Business Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Find Start-Up Capital

Best Banks in Indianapolis, Indiana

Getting an SBA Loan in Indiana