Loan Census Banking News and Information
December 24, 2024  
 
 
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SBA Lender Westville Indiana

 

 
Loan Census SBA Loan Info

Solid Waste Collection Bank Loans

With these bank loans for solid waste collection, the SBA guarantees the lender that the loan will be repaid. This solid waste collection loan for $51,700 was given to an Indiana entrepreneur in 2003.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Centier Bank, out of Valparaiso, Indiana. The loan was granted and they received $51,700 to help grow their Westville, Indiana business.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
WESTVILLE, IN 46391

SBA Loan Lender

CENTIER BANK
150 LINCOLNWAY
VALPARAISO, IN 46383

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4212 - Local Trucking Without Storage

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

10/9/2003

Loan Approval Gross Amount

$51,700

Loan Approval from the SBA

Of the total $51,700 loan amount, the SBA guaranteed $43,945.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Westville IN, you ought to talk with a local Westville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Westville businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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