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May 13, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Lizton, Business Loans > State Bank Of Lizton Lizton Business Loans > Drinking Places Loan | ||||
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How to Get SBA Loans in Brownsburg, Indiana
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How to Get a Loan for Full-Service RestaurantsLooking for commercial loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $675,000 full-service restaurants loan was issued by an Indiana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brownsburg, Indiana was able to borrow $675,000 from State Bank Of Lizton. The SBA made the loan possible by guaranteeing $506,250 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender STATE BANK OF LIZTON The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5813 - Drinking Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/23/2003 Loan Approval Gross Amount $675,000 Loan Approval from the SBA Of the total $675,000 loan amount, the SBA guaranteed $506,250. 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 68 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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. Related Links: Small Bank Loans in Lizton, Indiana
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