 |
 |
December 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Ohio Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > Scientific And Technical Consulting Services Loan | ||||
 |
||||
Banks Doing SBA Loans in Indiana
|
||||
 |
Indianapolis, Indiana Lender Lends Money to Scientific And Technical Consulting Services CompanyWant to talk with an Indianapolis, Indiana bank about a small business loan? Here's one Ohio business loan, issued by an Indianapolis bank, that was approved by the SBA. Applying for an SBA loan with National City Bank worked out well for our friends at one local firm in Middleburg Heights, Ohio. They got an SBA loan for $1,431,000. Great job! SBA Loan Borrower COMPANY TYPE: SCIENTIFIC AND TECHNICAL CONSULTING SERVICES SBA Loan Lender NATIONAL CITY BANK This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541690 - Scientific and Technical Consulting Services Loan Approval Date 5/18/2005 Loan Approval Gross Amount $1,431,000 Loan Approval from the SBA Of the total $1,431,000 loan amount, the SBA guaranteed $1,073,250. 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 60 employees. The loan application did not indicate that the business planned 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 provide smart, affordable business financing for small businesses looking to expand. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: Banks in Indianapolis, Indiana Getting an SBA Loan in Indiana
|
|
||
|
||||
|
|
||||