Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Banks in Indiana

 

 
Loan Census SBA Loan Info

Financing for Packaging and Labeling Services

Looking for commercial loans for packaging and labeling services? An SBA loan may be just what you've been looking for. This $72,000 packaging and labeling services 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 2004. The lending bank was Old National Bank, based in Evansville, Indiana.

SBA Loan Borrower

COMPANY TYPE: PACKAGING AND LABELING SERVICES
ZIONSVILLE, IN 46077

SBA Loan Lender

OLD NATIONAL BANK
ONE MAIN ST
EVANSVILLE, IN 47708

This SBA business 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

561910 - Packaging and Labeling Services

Loan Approval Date

10/28/2004

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $36,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $72,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Incubators

Best Banks for Small Business in Evansville, Indiana

SBA Lenders in Indiana