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November 15, 2024  
 
 
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SBA Lender Indianapolis, Indiana

 

 
Loan Census SBA Loan Info

Indianapolis, Indiana Bank Lends Money to Carwashes Company in Indianapolis, Indiana

Find Indianapolis, Indiana banks that specialize in small business loans and know how to work with entrepreneurs. Harris National Association is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Indianapolis, Indiana starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Harris National Association. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
INDIANAPOLIS, IN 46250

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

11/28/2001

Loan Approval Gross Amount

$594,000

Loan Approval from the SBA

Of the total $594,000 loan amount, the SBA guaranteed $445,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Harris National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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