 |
 |
April 27, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Illinois Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Human Resources Consulting Services Loan | ||||
 |
||||
Advice for Small Business Owners On Getting a Loan
|
||||
 |
Raising Money for Human Resources Consulting ServicesWith these bank loans for human resources consulting services, the SBA guarantees the lender that the loan will be repaid. This human resources consulting services loan for $100,000 was given to an Illinois entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Batavia, Illinois was able to borrow $100,000 from Capital One. The SBA made the loan possible by guaranteeing $50,000 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: HUMAN RESOURCES CONSULTING SERVICES SBA Loan Lender CAPITAL ONE This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541612 - Human Resources Consulting Services Loan Approval Date 12/14/2004 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - Getting Venture Capital Good Banks for Small Business in Mclean, Virginia
|
|
||
|
||||
|
|
||||