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May 14, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > Full-Service Restaurants Loan | ||||
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Indianapolis SBA Lenders
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Indianapolis, Indiana Bank Lends Money to Full-Service Restaurants Company in Libertyville, IllinoisWant to talk with an Indianapolis, Indiana bank about a business loan? Here's one Illinois 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 firm in Libertyville, Illinois. They received an SBA loan for $30,000. Awesome! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender NATIONAL CITY BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 722110 - Full-Service Restaurants Loan Approval Date 7/14/2005 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 generate 5 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National City Bank and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Indianapolis, Indiana
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