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December 21, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Bloomington, Business Loans > Fifth Third Bank Bloomington Business Loans > Eating Places Loan | ||||
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SBA Lenders Indiana
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Bloomington, Indiana Lender Lends Money to Eating Places CompanyGet small business loans from a Bloomington, Indiana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Fifth Third Bank is a Bloomington, Indiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Indiana company. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIFTH THIRD BANK This business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 7/22/2003 Loan Approval Gross Amount $42,500 Loan Approval from the SBA Of the total $42,500 loan amount, the SBA guaranteed $31,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: SBA 7A Banks for Bloomington, Indiana Loans
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