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May 18, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Munster, Business Loans > Peoples Bank Sb Munster Business Loans > Health Practitioner Office Or Clinic Loan | ||||
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Indiana Business Loans from Peoples Bank Sb
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Schererville, Indiana Business Gets SBA-Guaranteed Funding from Peoples Bank SbPeoples Bank Sb has a track record as a leading provider of SBA loans. Find out how this Indiana entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Schererville, Indiana was able to borrow $40,000 from Peoples Bank Sb. The SBA made the loan possible by guaranteeing $34,000 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC SBA Loan Lender PEOPLES BANK SB This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8049 - Health Practitioner Office or Clinic NAICS Code 621399 - Health Practitioners Loan Approval Date 3/18/2003 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding From a Venture Capitalist Where to Get an SBA Loan in Munster, Indiana
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