Tax Preparation Services Bank Loans

Looking for bank loans for tax preparation services? Try the SBA. This $150,000 tax preparation services loan was issued by an Indiana bank.

Getting a small business loan in Zionsville, Indiana was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Harris National Association, operating out of Carmel, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: TAX RETURN PREPARATION SERVICES
ZIONSVILLE, IN 46077

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
568 E CARMEL DR
CARMEL, IN 46032

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7291 - Tax Return Preparation Services

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

2/5/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Zionsville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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