Borrowing Money for Marketing Consulting Services
Looking for bank loans for marketing consulting services? An SBA loan may be just what you've been looking for. This $390,000 marketing consulting services loan was issued by an Indiana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Indianapolis, Indiana was able to borrow $390,000 from Old National Bank. The SBA made the loan possible by guaranteeing $292,500 of this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
INDIANAPOLIS, IN 46204
SBA Loan Lender
OLD NATIONAL BANK
ONE MAIN ST
EVANSVILLE, IN 47708
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8742 - Management Consulting Services
NAICS Code
541613 - Marketing Consulting Services
Loan Approval Date
10/5/2000
Loan Approval Gross Amount
$390,000
Loan Approval from the SBA
Of the total $390,000 loan amount, the SBA guaranteed $292,500.
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 126 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
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.
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 Old National Bank 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:
Equity Financing
Best Evansville, Indiana Banks for Small Business
Getting an SBA Loan in Indiana