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May 19, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > South Bend, Business Loans > 1st Source Bank South Bend Business Loans > Wood Kitchen Cabinet And Countertop Manufacturing Loan | ||||
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Examples of Mishawaka SBA Loans
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Wood Kitchen Cabinet and Countertop Manufacturing Bank LoansLooking for bank loans for wood kitchen cabinet and countertop manufacturing? The SBA may be the answer. This $126,000 wood kitchen cabinet and countertop manufacturing loan was issued by an Indiana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mishawaka, Indiana was able to borrow $126,000 from 1st Source Bank. The SBA made the loan possible by guaranteeing $107,100 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING SBA Loan Lender 1ST SOURCE BANK This lender provides SBA business 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 337110 - Wood Kitchen Cabinet and Countertop Manufacturing Loan Approval Date 2/7/2007 Loan Approval Gross Amount $126,000 Loan Approval from the SBA Of the total $126,000 loan amount, the SBA guaranteed $107,100. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Mishawaka IN, you ought to talk with a local Mishawaka SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mishawaka businesses. We can help you find the best banks for small businesses in Mishawaka or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best South Bend, Indiana Banks for Small Business
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