Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Best Banks for Zionsville Businesses

 

 
Loan Census SBA Loan Info

Finish Carpentry Contractors SBA Loans

Looking for SBA loans for finish carpentry contractors? The SBA may be the answer. This $200,000 finish carpentry contractors loan was issued by an Indiana bank.

This business knew how to go about getting a business bank loan. Based in Zionsville, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Old National Bank, based in Evansville, Indiana.

SBA Loan Borrower

COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
ZIONSVILLE, IN 46077

SBA Loan Lender

OLD NATIONAL BANK
ONE MAIN ST
EVANSVILLE, IN 47708

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238350 - Finish Carpentry Contractors

Loan Approval Date

1/20/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 15 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Famous Venture Capitalists

SBA 7A Lenders in Evansville, Indiana

Indiana SBA Banks