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May 12, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Troy, Business Loans > Lasalle Bank Midwest Troy Business Loans > Drywall And Insulation Contractors Loan | ||||
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South Bend, Indiana Bank Loan
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Get an SBA Loan for Drywall and Insulation ContractorsWith these small business loans for drywall and insulation contractors, the SBA guarantees the lender that the loan will be repaid. This drywall and insulation contractors loan for $1,645,000 was given to an Indiana entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South Bend, Indiana was able to borrow $1,645,000 from Lasalle Bank Midwest. The SBA made the loan possible by guaranteeing $1,233,750 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS SBA Loan Lender LASALLE BANK MIDWEST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238310 - Drywall and Insulation Contractors Loan Approval Date 8/31/2007 Loan Approval Gross Amount $1,645,000 Loan Approval from the SBA Of the total $1,645,000 loan amount, the SBA guaranteed $1,233,750. 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 80 employees. This SBA loan request indicated that the loan would help retain 80 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Lasalle Bank Midwest are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 - How to Borrow Money SBA 7A Banks in Troy, Michigan
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