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May 12, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > Toys And Hobby Goods And Supplies Loan | ||||
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Banks Doing SBA Loans in Indiana
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Entrepreneur Works With Indianapolis, Indiana Bank to Get an SBA LoanGet SBA loans from an Indianapolis, Indiana bank that knows how to treat small business owners right! If this company 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 a Michigan company. SBA Loan Borrower COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES SBA Loan Lender NATIONAL CITY BANK This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5092 - Toys and Hobby Goods and Supplies NAICS Code 421920 - Toy and Hobby Goods and Supplies Wholesalers Loan Approval Date 5/1/2002 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. 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 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Livonia MI, you ought to talk with a local Livonia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Livonia businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in Indianapolis, Indiana SBA Participating Banks in Indiana
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