Merrillville, IN Entrepreneur Gets SBA Loan to Buy Signs By Tomorrow Franchise

Borrowing money to invest in a Signs By Tomorrow franchise? Centier Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Signs By Tomorrow franchise requires some effort but others before you have been successful. In 2002, Centier Bank issued an SBA franchise loan to an entrepreneur in Merrillville, Indiana. Because Signs By Tomorrow was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower

SIGNS BY TOMORROW
MERRILLVILLE, IN 46410

SBA Loan Lender

CENTIER BANK
9701 INDIANAPOLIS BLVD
HIGHLAND, IN 46322

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323114 - Quick Printing

Loan Approval Date

4/26/2002

Loan Approval Gross Amount

$89,900

Loan Approval from the SBA

Of the total $89,900 loan amount, the SBA guaranteed $76,415.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $89,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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