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May 3, 2024  
 
 
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Banks for Crystal Lake, Illinois Entrepreneurs

 

 
Loan Census SBA Loan Info

Loan to Buy Pro Golf Franchise Issued By Harris National Association

Borrowing money to invest in a Pro Golf franchise? Harris National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Crystal Lake, Illinois needed money to invest in a Pro Golf franchise back in 2003. Harris National Association issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

DSG PARTNERS INC
CRYSTAL LAKE, IL 60014

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
122 W MAIN ST
CARY, IL 60013

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

12/24/2003

Loan Approval Gross Amount

$360,000

Loan Approval from the SBA

Of the total $360,000 loan amount, the SBA guaranteed $270,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $360,000. How would you spend $360,000 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:

Pro Golf Discount

Angel Investors

Small Business Banks in Cary, Illinois

Illinois SBA Banks