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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Merrillville, Business Loans > Centier Bank Merrillville Business Loans > Packaging Machinery Loan | ||||
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Examples of Rolling Prairie SBA Loans
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Packaging Machinery Manufacturing LoansLooking for loans for packaging machinery manufacturing? Talk to a banker who works with the SBA. This $300,000 packaging machinery manufacturing loan was issued by an Indiana bank. Getting a small business loan in Rolling Prairie, Indiana was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Centier Bank, operating out of Merrillville, Indiana. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: PACKAGING MACHINERY SBA Loan Lender CENTIER BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3565 - Packaging Machinery NAICS Code 333993 - Packaging Machinery Manufacturing Loan Approval Date 6/17/2004 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 45 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Good Banks for Small Business in Merrillville, Indiana
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