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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Dana, Business Loans > Bank - Indiana Dana Business Loans > Employee Leasing Services Loan | ||||
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Dana, Indiana SBA 7A Banks
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Entrepreneur Works With Dana, Indiana Bank to Get an SBA LoanWant to talk with a Dana, Indiana bank about a business loan? Here's one Indiana business loan, issued by a Dana bank, that was approved by the SBA. Applying for an SBA loan with Bank - Indiana worked out well for our friends at one local business in Indianapolis, Indiana. They got an SBA loan for $500,000. Awesome! SBA Loan Borrower COMPANY TYPE: EMPLOYEE LEASING SERVICES SBA Loan Lender BANK - INDIANA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561330 - Employee Leasing Services Loan Approval Date 4/10/2007 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 60 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 45 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money 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: Find an SBA Lender in Dana, Indiana SBA Participating Banks in Indiana
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