SBA

Small biz lending starting to thawRestricted Content

April 5, 2014
Dan Human
More small businesses in Indiana are securing loans as owners learn to present their companies better and banks warm to small-business lending after years of hesitation.
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Microlenders aim to help businesses grow, survive

January 5, 2013
Andrea Muirragui Davis
Indiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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Indiana SBA lending drops in 2012, but still exceeds 2010Restricted Content

December 8, 2012
Indiana businesses borrowed $424.7 million through U.S. Small Business Administration programs in 2012, an 18-percent decline from 2011, latest SBA statistics show.
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SBA lenders optimistic about year's loan outputRestricted Content

March 10, 2012
Scott Olson
Volume nevertheless is expected to fall short of last year's record numbers
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Small Business Administration announces top state lenderRestricted Content

July 16, 2011
 IBJ Staff
The Indiana Statewide Certified Development Corp. has been recognized as the most robust lender through the SBA's 504 loan program.
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Small-business lending rises 30 percent in Indiana

November 13, 2010
Francesca Jarosz
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
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Indianapolis native Marie Johns named SBA deputy administrator

July 24, 2010
 IBJ Staff
The U.S. Senate recently confirmed her appointment to the No. 2 job.
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Small-biz lending on the rise

April 1, 2010
Scott Olson
Federal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
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Obama's stimulus aims to boost access to small-biz loans

February 20, 2010
Peter Schnitzler
No incentive can make a bad deal bankable. But President Obama's stimulus measures are spurring some promising small businesses to begin borrowing again, despite the recession.
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SBA loan approvals - November 2009

December 26, 2009
SBA loan approvals above $100,000 for the Indianapolis area for November 2009
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Local SBA lending dropped 17 percent in 2009

November 20, 2009
Mason King
Local loans issued through the Small Business Administration's popular 7(a) guarantee program plunged by an astonishing 64 percent for three of the city's four largest banks during 2009, while overall lending in the program slipped 17 percent in the metro area.
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SBA loan approvals for Indianapolis - September 2009Restricted Content

October 24, 2009
 IBJ Staff
Small Business Administration loan guarantees for the month of September 2009 for Indianapolis area
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Local lenders support small-biz loan initiative

October 22, 2009
Scott Olson
Small business lenders in Indianapolis are supporting a proposal announced by President Obama Wednesday that would increase the size of government-backed loans.
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SBA loan approvalsRestricted Content

September 26, 2009
 IBJ Staff
SBA loan guarantees for the Indianapolis area for August 2009.
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WOJTOWICZ: Stimulus is expanding small-biz lendingRestricted Content

July 27, 2009
Jean Wojtowicz
The economic stimulus package allocated $375 million to the U.S. Small Business Administration so it could offer more generous terms to small-business borrowers.
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Federal stimulus trickles downRestricted Content

April 27, 2009
Peter Schnitzler
There's a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the stimulus warmed-over leftovers.
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SBA loan approvalsRestricted Content

January 26, 2009
These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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