U.S. Bank National Association SBA Loan to Used Merchandise Stores Company
Searching for an Indiana SBA loan? Here's one Indiana business loan that was approved by the SBA.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $482,400 to help grow their Indianapolis, Indiana business.
SBA Loan Borrower
COMPANY TYPE: USED MERCHANDISE STORES
INDIANAPOLIS, IN 46219
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5932 - Used Merchandise Stores
Loan Approval Date
9/8/2000
Loan Approval Gross Amount
$482,400
Loan Approval from the SBA
Of the total $482,400 loan amount, the SBA guaranteed $361,800.
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 8 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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