Business Loans for Personal Care Services

Looking for business loans for personal care services? Talk to a banker who works with the SBA. This $303,000 personal care services loan was issued by an Indiana bank.

Getting a small business loan in Pendleton, Indiana was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Star Financial Bank, operating out of Anderson, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
PENDLETON, IN 46064

SBA Loan Lender

STAR FINANCIAL BANK
735 MAIN ST
ANDERSON, IN 46016

This SBA business loan 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

812199 - Personal Care Services

Loan Approval Date

7/25/2005

Loan Approval Gross Amount

$303,000

Loan Approval from the SBA

Of the total $303,000 loan amount, the SBA guaranteed $227,250.

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 10 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.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $303,000 loan. Remember, anyone can do it... so why not you?

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:

SBIR Funding

SBA 7A Banks in Anderson, Indiana

SBA Participating Banks in Indiana