Indianapolis, Indiana Lender Lends Money to Powder Metallurgy Part Manufacturing Company

Want to talk with an Indianapolis, Indiana bank about a business loan? Here's one Indiana business loan, issued by an Indianapolis bank, that was approved by the SBA.

Applying for an SBA loan with National City Bank worked out well for our friends at one local company in Fishers (corporate Name For Fi, Indiana. The business was able to get an SBA loan for $331,200. Great job!

SBA Loan Borrower

COMPANY TYPE: POWDER METALLURGY PART MANUFACTURING
FISHERS (CORPORATE NAME FOR FI, IN 46037

SBA Loan Lender

NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332117 - Powder Metallurgy Part Manufacturing

Loan Approval Date

2/7/2006

Loan Approval Gross Amount

$331,200

Loan Approval from the SBA

Of the total $331,200 loan amount, the SBA guaranteed $248,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 72 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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.

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