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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Kokomo, Business Loans > Harris National Association Kokomo Business Loans > Beauty Shops Loan | ||||
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SBA Lender Kokomo, Indiana
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Kokomo, Indiana Lender Lends Money to Beauty Shops CompanyA Kokomo, Indiana SBA loan can be yours. Learn how one firm got a $181,200 business loan from this Indiana bank. This loan to an entrepreneur is a good example of an SBA loan. Harris National Association made the loan and the SBA guaranteed a portion of the loan. Many other Indiana entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender HARRIS NATIONAL ASSOCIATION The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 6/14/2004 Loan Approval Gross Amount $181,200 Loan Approval from the SBA Of the total $181,200 loan amount, the SBA guaranteed $135,900. 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 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. 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: SBA 7A Banks for Kokomo, Indiana Loans
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