How to Get a Loan for Pharmaceutical Preparation Manufacturing
With these SBA loans for pharmaceutical preparation manufacturing, the SBA guarantees the lender that the loan will be repaid. This pharmaceutical preparation manufacturing loan for $50,000 was given to an Indiana entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Indianapolis, Indiana was able to borrow $50,000 from National City Bank. The SBA made the loan possible by guaranteeing $25,000 of this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: PHARMACEUTICAL PREPARATION MANUFACTURING
INDIANAPOLIS, IN 46268
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
325412 - Pharmaceutical Preparation Manufacturing
Loan Approval Date
1/23/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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
Who Lends Money to Small Businesses in Indianapolis, Indiana
SBA Indiana Lenders