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SBA loan approvals - November 2009

December 26, 2009
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Loan Approvals - Small Biz

SBA loans

SBA loan guarantees exceeding $100,000 for the month of November. 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.

AMS Production Machining, 800 Andico Road, Plainfield, $1,200,000 from Bank of Indiana NA.

AMS Production Machining Inc., 800 Andico Road, Plainfield, $300,000 from Bank of Indiana NA.

Aman and Sukhmani Inc., 6349 N. College Ave., Indianapolis, $825,000 from First Capital Bank.

Angel Veterinary Services Inc., 110 N. Bluff Road, Greenwood, $576,000 from Premier Capital Corp.

Apparatus Inc., 1401 N. Meridian St., Indianapolis, $753,000 from Premier Capital Corp.

Michael F. Arnold DDS, 4950 E. Stop 11 Road, Suite A, Indianapolis, $640,000 from Bank of Indiana NA.

Aspire CPAs PC, 8425 Woodfield Crossing Blvd., Indianapolis, $125,000 from Keybank NA.

B&C Enterprises LLC, 5897 Silas Court, Carmel, $170,200 from Chase Bank NA.

Bladz Lawn Care LLC, 5891 N. County Road 100E, Pittsboro, $136,400 from State Bank Of Lizton.

Bubble Land Car Wash LLC, 5060 Cambridge Way, Plainfield, $630,000 from Indiana Business Bank.

C Store Vision LLC, 2504 W. Washington St., Indianapolis, $990,000 from The Farmers Bank.

DDS Subway Inc., 10501 Pokagon Way, Indianapolis, $393,700 from Chase Bank NA.

Electro-Spec Inc., 3070 RJ Parkway, Franklin, $1,577,900 from First Merchants Bank NA.

Eye Q Optometry PC, 9302 Meridian St., Indianapolis, $250,000 from Stock Yards Bank & Trust Co.

Harley Grain Co. Inc., 100 Cob St., Elwood, $650,000 from Star Financial Bank.

Hub On Mass Ave LLC, 333 Massachusetts Ave., Indianapolis, $200,000 from Indiana Business Bank.

JP Property Ventures LLC, 4166 Messersmith Drive, Greenwood, $350,000 from Chase Bank NA.

KAJ LLC, 1645 E. 116th St., Carmel, $175,000 from Keybank NA.

The Laundry Connection, 2653 Tobey Drive, Indianapolis, $150,000 from Indiana Business Bank.

Daniel S. Martin Orthodontics, 1000 W. Jefferson St., Franklin, $491,000 from Premier Capital Corp.

McClary Stover & Burnett LLC, 10401 N. Meridian St., Suite 280, Indianapolis, $115,000 from Old National Bank.

Mecom Ltd., 813 W. Carmel Drive, Carmel, $2,000,000 from Excel National Bank.

Moeller Printing Co. Inc., 4401 E. New York St., Indianapolis, $510,000 from The Huntington National Bank.

Moeller Printing Co. Inc., 4401 E. New York St., Indianapolis, $100,000 from The Huntington National Bank.

Northern Heating & Cooling, 8424 E. 56th St., Indianapolis, $161,000 from Indiana Business Bank.

Pinnacle Heart Specialists, 1935 N. Capitol Ave., Indianapolis, $170,000 from Indiana Business Bank.

The Play School At Arbor Villa, 11501 E. 116th St., Fishers, $667,000 from Premier Capital Corp.

RJM Lawn Solutions LLC, 40 Byram Blvd., Martinsville, $121,000 from Home Bank.

Ripple Effect Ltd., 6503 Carrollton Ave., Indianapolis, $165,000 from The Huntington National Bank.

SSA Food Services Inc., 624 Lawndale Drive, Plainfield, $150,000 from PNC Bank NA.

Sonar Studios Inc., 1060 N. Capitol Ave., C100, Indianapolis, $158,000 from M&I Bank.

Southside Automotive Service, 1335 W. 53rd St., Anderson, $260,000 from Indiana Statewide Certified Development Corp.

Spring-Green Lawn Care, 12654 Plum Creek Blvd., Carmel, $117,100 from Wells Fargo Bank NA.

Zann Real Estate Group LLC, 3607 Sedgemoor Circle, Carmel, $615,000 from The Huntington National Bank.•

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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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