Crossroads Bank Gives Small Business Loan to Crushed And Broken Limestone Mining Company

Want an Indiana small business loan? This Indiana entrepreneur got a small business loan, provided by an Indiana bank that works with the SBA to help small business owners.

Getting a small business loan in Wabash, Indiana was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Crossroads Bank. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: CRUSHED AND BROKEN LIMESTONE MINING
WABASH, IN 46992

SBA Loan Lender

CROSSROADS BANK
1205 N CASS ST
WABASH, IN 46992

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

212312 - Crushed and Broken Limestone Mining

Loan Approval Date

4/13/2007

Loan Approval Gross Amount

$740,000

Loan Approval from the SBA

Of the total $740,000 loan amount, the SBA guaranteed $555,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

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.

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