Bank Loans for Roofing Contractors

With these bank loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $92,570 was given to an Indiana entrepreneur in 2005.

Getting a small business loan in Winchester, Indiana was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Fifth Third Bank, operating out of Dayton, Ohio. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
WINCHESTER, IN 47394

SBA Loan Lender

FIFTH THIRD BANK
110 N MAIN ST
DAYTON, OH 45402

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238160 - Roofing Contractors

Loan Approval Date

6/6/2005

Loan Approval Gross Amount

$92,570

Loan Approval from the SBA

Of the total $92,570 loan amount, the SBA guaranteed $78,684.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Winchester 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:

SBIR Funding

Small Business Banks in Dayton, Ohio

Ohio SBA 7A Lenders