Get an SBA Loan for Professional, Scientific, and Technical Services
With these small business loans for professional, scientific, and technical services, the SBA guarantees the lender that the loan will be repaid. This professional, scientific, and technical services loan for $740,000 was given to an Indiana entrepreneur in 2007.
Getting a small business loan in Mooresville, Indiana was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Symphony Bank, operating out of Indianapolis, Indiana. Here are the details on this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
MOORESVILLE, IN 46158
SBA Loan Lender
SYMPHONY BANK
3737 E 96TH ST
INDIANAPOLIS, IN 46240
This debt financing 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
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
4/12/2007
Loan Approval Gross Amount
$740,000
Loan Approval from the SBA
Of the total $740,000 loan amount, the SBA guaranteed $555,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.
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 $740,000 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.
Related Links:
Business Cash Advances
SBA Approved Banks in Indianapolis, Indiana
SBA Participating Banks in Indiana