Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Keybank National Association Indianapolis, Indiana

 

 
Loan Census SBA Loan Info

Indianapolis, Indiana Business Gets SBA-Guaranteed Funding from Keybank National Association

Keybank National Association has a track record as a leading provider of SBA loans. Find out how this Indiana entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Keybank National Association, out of Cleveland, Ohio. The loan was granted and they received $254,500 to help grow their Indianapolis, Indiana business.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SUPPORT SERVICES
INDIANAPOLIS, IN 46227

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561499 - Business Support Services

Loan Approval Date

1/29/2001

Loan Approval Gross Amount

$254,500

Loan Approval from the SBA

Of the total $254,500 loan amount, the SBA guaranteed $190,875.

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 27 employees. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 27 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Indianapolis IN, you ought to talk with a local Indianapolis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Indianapolis businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Keybank National Association and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Cleveland, Ohio

Ohio SBA Bank Lenders