Loan Census Banking News and Information
March 26, 2023  
  Business Loan Information  

Business Loans for Noblesville Business Owners


Loan Census SBA Loan Info

Noblesville, IN Entrepreneur Gets SBA Loan to Buy Carrosel Systems Franchise

Borrowing money to purchase a Carrosel Systems franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Carrosel Systems franchise requires some effort but others before you have been successful. In 2001, Regions Bank issued an SBA franchise loan to an entrepreneur in Noblesville, Indiana. Because Carrosel Systems was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower


SBA Loan Lender


Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.


624410 - Child Day Care Services

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Carrosel Systems franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

Attracting Investors

Where to Get an SBA Loan in Memphis, Tennessee

Browse All Business Loan Sources for Tennessee