Sunman, Indiana Entrepreneur Gets a Bank Loan
Would an Indiana SBA loan help your business get to the next level? If so, you may want to talk with this California bank, which offers SBA loans to Indiana entrepreneurs.
By giving the right information to Bank Of The West, this Sunman, 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: BUILDING EQUIPMENT CONTRACTORS
SUNMAN, IN 47041
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
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
238290 - Building Equipment Contractors
Loan Approval Date
5/5/2004
Loan Approval Gross Amount
$306,000
Loan Approval from the SBA
Of the total $306,000 loan amount, the SBA guaranteed $229,500.
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 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Sunman IN, you ought to talk with a local Sunman SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sunman businesses.
We can help you find the best banks for small businesses in Sunman or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Friends and Family Network
Small Business Banks in San Francisco, California
California SBA 7A Lenders