Anderson, Indiana Lender Lends Money to Insurance Agencies And Brokerages Company

Get to know Anderson, Indiana banks that specialize in SBA loans and know how to work with entrepreneurs. First Merchants Bank - Cent. Ind is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Fishers (corporate Name For Fi, Indiana starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from First Merchants Bank - Cent. Ind. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
FISHERS (CORPORATE NAME FOR FI, IN 46038

SBA Loan Lender

FIRST MERCHANTS BANK - CENT. IND
33 WEST 10TH ST, STE 100
ANDERSON, IN 46016

This small 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

524210 - Insurance Agencies and Brokerages

Loan Approval Date

6/2/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Merchants Bank - Cent. Ind are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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