Financing for Finfish Fishing
With these loans for finfish fishing, the SBA guarantees the lender that the loan will be repaid. This finfish fishing loan for $35,000 was given to an Illinois entrepreneur in 2005.
This small firm knew how to go about getting a business bank loan. Based in Carpentersville, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Rbs Citizens, based in Cleveland, Ohio.
SBA Loan Borrower
COMPANY TYPE: FINFISH FISHING
CARPENTERSVILLE, IL 60118
SBA Loan Lender
1215 SUPERIOR AVE
CLEVELAND, OH 44114
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
114111 - Finfish Fishing
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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