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May 17, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Bloomington, Business Loans > Old National Bank Bloomington Business Loans > Signs And Advertising Specialties Loan | ||||
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How to Get an SBA 7A Loan in Bloomington, Indiana
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Old National Bank Gives SBA Loan to Signs And Advertising Specialties CompanyIndianaBusiness loans are available to Indiana business owners through the SBA. In this case, an Indiana bank provides the loan. Getting a small business loan in Bloomington, Indiana was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Old National Bank. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES SBA Loan Lender OLD NATIONAL BANK This 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 3993 - Signs and Advertising Specialties NAICS Code 339950 - Sign Manufacturing Loan Approval Date 9/16/2003 Loan Approval Gross Amount $37,000 Loan Approval from the SBA Of the total $37,000 loan amount, the SBA guaranteed $31,450. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Who Lends Money to Small Businesses in Bloomington, Indiana
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