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November 24, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > Florists Loan | ||||
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Best Banks That Lend to Indiana Businesses
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Indianapolis, Indiana Entrepreneur Gets a Bank LoanIndianaSmall business loans are available to Indiana small business owners through the SBA. In this case, an Indiana bank provides the loan. Getting a small business loan in Indianapolis, Indiana was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from National City Bank. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender NATIONAL CITY BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 453110 - Florists Loan Approval Date 5/21/2004 Loan Approval Gross Amount $41,600 Loan Approval from the SBA Of the total $41,600 loan amount, the SBA guaranteed $20,800. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Indianapolis 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. Related Links: Advice on Getting a Small Business Loan Who Lends Money to Small Businesses in Indianapolis, Indiana
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