Evansville, Indiana Bank Lends Money to Convenience Stores Company in Evansville, Indiana

Want to talk with an Evansville, Indiana bank about a small business loan? Here's one Indiana business loan, issued by an Evansville bank, that was approved by the SBA.

Applying for an SBA loan with Evansville Commerce Bank worked out well for our friends at one local company in Evansville, Indiana. The business was able to get an SBA loan for $200,000. Great job!

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
EVANSVILLE, IN 47714

SBA Loan Lender

EVANSVILLE COMMERCE BANK
20 NW 4TH ST
EVANSVILLE, IN 47708

This SBA 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

445120 - Convenience Stores

Loan Approval Date

10/30/2007

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 32 employees. The SBA loan application for the borrower indicated that the loan would help generate 33 new jobs and retain 32 existing jobs.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Evansville 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.

Related Links:

Small Business Loan

Best Evansville, Indiana Banks for Small Business

SBA Indiana Banks