 |
 |
December 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Indiana Business Loan Sources > Mishawaka, Business Loans > Mfb Financial Mishawaka Business Loans > Trucking Loan | ||||
 |
||||
SBA Lenders for South Bend Entrepreneurs
|
||||
 |
South Bend, Indiana Entrepreneur Gets a Small Business LoanIndianaSBA loans are available to Indiana entrepreneurs through the SBA. In this case, an Indiana bank provides the loan. By giving the right information to Mfb Financial, this South Bend, Indiana business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: TRUCKING SBA Loan Lender MFB FINANCIAL This SBA 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. SIC Code 4213 - Trucking NAICS Code 484121 - General Long-Distance Freight Trucking Loan Approval Date 1/14/2004 Loan Approval Gross Amount $436,000 Loan Approval from the SBA Of the total $436,000 loan amount, the SBA guaranteed $327,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business 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: Obtaining Funding - Getting Venture Capital Best Mishawaka, Indiana Banks for Small Business
|
|
||
|
||||
|
|
||||