Indianapolis, Indiana Bank Gives SBA Loan to Sewing, Needlework, And Piece Goods Stores Company
Get business loans from an Indianapolis, Indiana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
National City Bank is a Indianapolis, Indiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Indiana company.
SBA Loan Borrower
COMPANY TYPE: SEWING, NEEDLEWORK, AND PIECE GOODS STORES
Fort Wayne, IN 46804
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
451130 - Sewing, Needlework, and Piece Goods Stores
Loan Approval Date
2/24/2006
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $10,000 loan. Remember, feel the fear, and do it anyway.
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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