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May 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Goshen, Business Loans > Goshen Community Bank Goshen Business Loans > Plastics Bag And Pouch Manufacturing Loan | ||||
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Goshen Lenders
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Entrepreneur Works With Goshen, Indiana Bank to Get an SBA LoanThinking about meeting with a Goshen, Indiana bank about an SBA loan? Here's one Indiana business loan, issued by a Goshen bank, that was approved by the SBA. Applying for an SBA loan with Goshen Community Bank worked out well for our friends at one local business in Mishawaka, Indiana. They received an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: PLASTICS BAG AND POUCH MANUFACTURING SBA Loan Lender GOSHEN COMMUNITY BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 326111 - Plastics Bag and Pouch Manufacturing Loan Approval Date 11/19/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 35 employees. The SBA loan documents indicated that the loan would help retain 35 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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. Related Links: Best Goshen, Indiana Banks for Small Business
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