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May 14, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Buffalo Grove, Business Loans > American Enterprise Bank Buffalo Grove Business Loans > Supermarkets And Grocery Stores Loan | ||||
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SBA Lenders for Bloomingdale, Illinois Businesses
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Small Business Loans for Supermarkets and Grocery StoresLooking for small business loans for supermarkets and grocery stores? Talk to a banker who works with the SBA. This $414,300 supermarkets and grocery stores loan was issued by an Illinois bank. This company knew how to go about getting a business bank loan. Based in Bloomingdale, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was American Enterprise Bank, based in Buffalo Grove, Illinois. SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender AMERICAN ENTERPRISE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 3/14/2002 Loan Approval Gross Amount $414,300 Loan Approval from the SBA Of the total $414,300 loan amount, the SBA guaranteed $310,725. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Buffalo Grove, Illinois Banks for Small Business
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