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April 25, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > Emmaus Home Improvement, LLC. Loan | ||||
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National City Bank Franchise Business Loans
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National City Bank Provides SBA Loan to Buy Pillar To Post FranchiseBorrowing money to buy a Pillar To Post franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Plainfield, Indiana needed money to invest in a Pillar To Post franchise back in 2005. National City Bank issued an SBA franchise loan. Here are the details on this Indiana small business loan. SBA Loan Borrower EMMAUS HOME IMPROVEMENT, LLC. 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 541350 - Building Inspection Services Loan Approval Date 5/25/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pillar To Post franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to find other ways to get money to start a business, 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: Pillar To Post - Professional Home Inspection Obtaining Funding From a Venture Capitalist Find an SBA Lender in Indianapolis, Indiana Where to Get an SBA Loan Indiana
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