Fort Wayne, Indiana Lender Lends Money to Offices And Clinics Of Dentists Company
Get to know Fort Wayne, Indiana banks that specialize in business loans and know how to work with entrepreneurs. Salin Bank & Trust Company is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Huntington, Indiana starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Salin Bank & Trust Company. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
HUNTINGTON, IN 46750
SBA Loan Lender
SALIN BANK & TRUST COMPANY
110 W MAIN ST
FORT WAYNE, IN 46802
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
9/11/2002
Loan Approval Gross Amount
$132,225
Loan Approval from the SBA
Of the total $132,225 loan amount, the SBA guaranteed $112,391.
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 7 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Huntington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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