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April 26, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Avon, Business Loans > Monroe Bank Avon Business Loans > Abc Seamless Of Northwest Indi Loan | ||||
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How Much Does It Cost to Buy a Franchise in Lebanon, Indiana?
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Borrow Money to Buy an Abc Seamless FranchiseBorrowing money to buy an Abc Seamless franchise? Monroe Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Abc Seamless franchise? If so, here's a 2003 SBA franchise loan that you should know about. Monroe Bank was the lender and the entrepreneur was based in Lebanon, Indiana. SBA Loan Borrower ABC SEAMLESS OF NORTHWEST INDI SBA Loan Lender MONROE BANK 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 7389 - Business Services NAICS Code 541410 - Interior Design Services Loan Approval Date 11/3/2003 Loan Approval Gross Amount $132,100 Loan Approval from the SBA Of the total $132,100 loan amount, the SBA guaranteed $112,285. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Abc Seamless franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: The Friends and Family Network Good Banks for Small Business in Avon, Indiana
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