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May 3, 2024  
 
 
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Raising Money in Carmel, Indiana With SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Professional, Scientific, and Technical Services

Looking for loans for professional, scientific, and technical services? The SBA may be the answer. This $950,000 professional, scientific, and technical services loan was issued by an Indiana bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Symphony Bank, out of Indianapolis, Indiana. The loan was granted and they received $950,000 to help grow their Carmel, Indiana business.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
CARMEL, IN 46032

SBA Loan Lender

SYMPHONY BANK
3737 E 96TH ST
INDIANAPOLIS, IN 46240

This business 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.

NAICS Code

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

5/7/2007

Loan Approval Gross Amount

$950,000

Loan Approval from the SBA

Of the total $950,000 loan amount, the SBA guaranteed $712,500.

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 77 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 52 existing jobs.

Getting an SBA Loan For Your 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.

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