Indiana SBA Loan Issued to Gasoline Service Stations Company

IndianaBank loans are available to Indiana firms through the SBA. In this case, an Indiana bank provides the loan.

You can learn something about getting a small business loan in Highland, Indiana by studying this loan to a local company, made back in 2000. Banks like The Huntington National Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
HIGHLAND, IN 46322

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
45 N PENNSYLVANIA ST
INDIANAPOLIS, IN 46204

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

Loan Approval Date

8/29/2000

Loan Approval Gross Amount

$859,400

Loan Approval from the SBA

Of the total $859,400 loan amount, the SBA guaranteed $644,550.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

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

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from The Huntington National Bank 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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