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May 16, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Hamilton, Business Loans > First Finan Bank Hamilton Business Loans > Lawn And Garden Services Loan | ||||
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First Finan Bank Business Loan Griffith, IN
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Business Loan from First Finan Bank Given to Lawn And Garden Services CompanyAn SBA loan from First Finan Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Griffith, Indiana business owner got a $15,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Griffith, Indiana was able to borrow $15,000 from First Finan Bank. The SBA made the loan possible by guaranteeing $12,750 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: LAWN AND GARDEN SERVICES SBA Loan Lender FIRST FINAN BANK This lender issued this particular SBA 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 0782 - Lawn and Garden Services NAICS Code 561730 - Landscaping Services Loan Approval Date 3/30/2001 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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 8 employees. The SBA loan documents did not indicate that the business 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? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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:
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