Porter, IN Entrepreneur Gets SBA Loan to Buy Premier Rental Purchase Franchise
Borrowing money to invest in a Premier Rental Purchase franchise? 1st Source Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Premier Rental Purchase franchise is doable. In 2007, 1st Source Bank issued an SBA franchise loan to an entrepreneur in Porter, Indiana. Because Premier Rental Purchase was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.
SBA Loan Borrower
INTEGRITY RENTALS INC
PORTER, IN 46304
SBA Loan Lender
1ST SOURCE BANK
100 N MICHIGAN ST
SOUTH BEND, IN 46601
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532310 - General Rental Centers
Loan Approval Date
6/19/2007
Loan Approval Gross Amount
$31,600
Loan Approval from the SBA
Of the total $31,600 loan amount, the SBA guaranteed $23,700.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Premier Rental Purchase franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Premier Rental Purchase
Financing Your Business
SBA Approved Banks in South Bend, Indiana
Find an SBA Lender in Indiana