Business Loan from Salin Bank & Trust Company Given to Engineering Services Company

Salin Bank & Trust Company 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 knew how to go about getting a business bank loan. Based in Kokomo, Indiana, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Salin Bank & Trust Company, based in Kokomo, Indiana.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
KOKOMO, IN 46901

SBA Loan Lender

SALIN BANK & TRUST COMPANY
112 S WASHINGTON ST
KOKOMO, IN 46901

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

5/8/2001

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

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 8 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 Salin Bank & Trust Company 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.

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Where to Get an SBA Loan in Kokomo, Indiana

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