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May 11, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Belleville, Business Loans > First Bank Belleville Business Loans > Personal Services Loan | ||||
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Alton, Illinois Bank for SBA Loans
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Illinois Small Business Loan Issued to Personal Services CompanyWant an Illinois bank loan? This Illinois entrepreneur got a bank loan, provided by an Illinois bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Alton, Illinois by studying this loan to a local company, made back in 2001. Banks like First Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender FIRST BANK This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services NAICS Code 812191 - Diet and Weight Reducing Centers Loan Approval Date 1/19/2001 Loan Approval Gross Amount $154,050 Loan Approval from the SBA Of the total $154,050 loan amount, the SBA guaranteed $115,538. 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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Belleville, Illinois
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