Memphis, Tennessee Bank Gives SBA Loan to Caterers Company

Thinking about meeting with a Memphis, Tennessee bank about a small business loan? Here's one Indiana business loan, issued by a Memphis bank, that was approved by the SBA.

Applying for an SBA loan with Regions Bank worked out well for our friends at one local firm in Indianapolis, Indiana. They got an SBA loan for $960,000. Great job!

SBA Loan Borrower

COMPANY TYPE: CATERERS
INDIANAPOLIS, IN 46260

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722320 - Caterers

Loan Approval Date

8/23/2002

Loan Approval Gross Amount

$960,000

Loan Approval from the SBA

Of the total $960,000 loan amount, the SBA guaranteed $720,000.

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 17 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 17 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Family and Friend Investors - Your First Financiers

Small Bank Loans in Memphis, Tennessee

Getting an SBA Loan in Tennessee