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May 18, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Merrillville, Business Loans > Centier Bank Merrillville Business Loans > Packaging Machinery Loan | ||||
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How to Get an SBA 7A Loan in Rolling Prairie, Indiana
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Centier Bank Gives SBA Loan to Packaging Machinery CompanyBusiness loans in Indiana are hard to find these days. We take a look at one Indiana business loan, provided by an Indiana bank, that was approved by the SBA. You can learn something about getting a small business loan in Rolling Prairie, Indiana by studying this loan to a local business, made back in 2004. Banks like Centier Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PACKAGING MACHINERY SBA Loan Lender CENTIER BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3565 - Packaging Machinery NAICS Code 333993 - Packaging Machinery Manufacturing Loan Approval Date 6/17/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 45 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: SBA Participating Banks in Merrillville, Indiana
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