Indianapolis, Indiana Business Gets SBA-Guaranteed Funding from National City Bank
National City Bank has a track record as a leading provider of SBA loans. Find out how this Indiana entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with National City Bank, out of Indianapolis, Indiana. The loan was granted and they received $13,300 to help grow their Indianapolis, Indiana business.
SBA Loan Borrower
COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
INDIANAPOLIS, IN 46201
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
561110 - Office Administrative Services
Loan Approval Date
7/16/2003
Loan Approval Gross Amount
$13,300
Loan Approval from the SBA
Of the total $13,300 loan amount, the SBA guaranteed $6,650.
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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
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