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May 6, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Dentists Loan | ||||
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Lebanon, Indiana Bank for SBA Loans
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Indiana Bank Loan Issued to Dentists CompanyWould an Indiana SBA loan help your business get to the next level? If so, you may want to talk with this New Jersey bank, which offers SBA loans to Indiana entrepreneurs. Getting a small business loan in Lebanon, Indiana was a top priority for this particular business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 10/24/2005 Loan Approval Gross Amount $305,000 Loan Approval from the SBA Of the total $305,000 loan amount, the SBA guaranteed $228,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Livingston, New Jersey Getting an SBA Loan in New Jersey
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