Get an SBA Loan for Video Tape and Disc Rental

Looking for small business loans for video tape and disc rental? An SBA loan may be just what you've been looking for. This $90,000 video tape and disc rental loan was issued by an Indiana bank.

Getting a small business loan in Vevay, Indiana was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Main Source Bank, operating out of Greensburg, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: VIDEO TAPE RENTAL
VEVAY, IN 47043

SBA Loan Lender

MAIN SOURCE BANK
201 N BROADWAY
GREENSBURG, IN 47240

This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7841 - Video Tape Rental

NAICS Code

532230 - Video Tape and Disc Rental

Loan Approval Date

7/31/2000

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $72,000.

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 SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Main Source Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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Startup Funding Tip

Small Bank Loans in Greensburg, Indiana

Getting an SBA Loan in Indiana