Goshen Community Bank SBA Loan to No Industry Type Specified Company

An SBA loan from Goshen Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Goshen, Indiana business owner got a $132,500 loan.

This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Goshen Community Bank, out of Goshen, Indiana. The loan was granted and they received $132,500 to help grow their Goshen, Indiana business.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
GOSHEN, IN 46528

SBA Loan Lender

GOSHEN COMMUNITY BANK
511 W LINCOLN AVE
GOSHEN, IN 46526

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

518111 -

Loan Approval Date

5/26/2006

Loan Approval Gross Amount

$132,500

Loan Approval from the SBA

Of the total $132,500 loan amount, the SBA guaranteed $112,625.

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 15 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

We can help you find the best banks for small businesses in Goshen 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 Credit Cards

Banks in Goshen, Indiana

Indiana SBA Bank Lenders