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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Frankfort, Business Loans > Farmers Bank Frankfort Indian Frankfort Business Loans > Accounting, Auditing, And Bookkeeping Services Loan | ||||
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Frankfort, Indiana SBA 7A Banks
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Frankfort, Indiana Bank Gives SBA Loan to Accounting, Auditing, And Bookkeeping Services CompanyThinking about meeting with a Frankfort, Indiana bank about a small business loan? Here's one Indiana business loan, issued by a Frankfort bank, that was approved by the SBA. Applying for an SBA loan with Farmers Bank Frankfort Indian worked out well for our friends at one local firm in Lebanon, Indiana. The business was able to get an SBA loan for $68,400. Sweet! SBA Loan Borrower COMPANY TYPE: ACCOUNTING, AUDITING, AND BOOKKEEPING SERVICES SBA Loan Lender FARMERS BANK FRANKFORT INDIAN This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8721 - Accounting, Auditing, and Bookkeeping Services NAICS Code 541211 - Certified Public Accountants Loan Approval Date 11/29/2001 Loan Approval Gross Amount $68,400 Loan Approval from the SBA Of the total $68,400 loan amount, the SBA guaranteed $58,140. 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 2 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: Obtaining Funding From a Venture Capitalist SBA 7A Banks for Frankfort, Indiana Loans Where to Get an SBA Loan Indiana
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