Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

I Need an SBA 7A Loan in Terre Haute, Indiana

 

 
Loan Census SBA Loan Info

Commercial Lithographic Printing Commercial Loans

Looking for commercial loans for commercial lithographic printing? The SBA may be the answer. This $914,000 commercial lithographic printing loan was issued by an Indiana bank.

This business knew how to go about getting a business bank loan. Based in Terre Haute, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Bank - Indiana, based in Dana, Indiana.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
TERRE HAUTE, IN 47802

SBA Loan Lender

BANK - INDIANA
129 MAPLE ST
DANA, IN 47847

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

10/18/2006

Loan Approval Gross Amount

$914,000

Loan Approval from the SBA

Of the total $914,000 loan amount, the SBA guaranteed $685,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $914,000 loan. Remember, anyone can do it... so why not 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:

How Equity Dilution Works

Good Banks for Small Business in Dana, Indiana

Browse All Business Loan Sources for Indiana