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May 4, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Blue Island, Business Loans > Great Lakes Bank Blue Island Business Loans > Supermarkets And Grocery Stores Loan | ||||
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SBA 7A Banks in Illinois
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Supermarkets and Grocery Stores LoansLooking for loans for supermarkets and grocery stores? An SBA loan may be just what you've been looking for. This $200,000 supermarkets and grocery stores loan was issued by an Illinois bank. Getting a small business loan in Blue Island, Illinois was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Great Lakes Bank, operating out of Blue Island, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender GREAT LAKES BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 10/11/2001 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Where to Get an SBA Loan in Blue Island, Illinois
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