 |
 |
April 29, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Illinois Business Loan Sources > Peru, Business Loans > Citizens First National Bank Peru Business Loans > Top And Body Repair And Paint Shops Loan | ||||
 |
||||
I Need an SBA Loan in La Salle, Illinois
|
||||
 |
SBA Loans for Automotive Body, Paint, and Interior Repair and MaintenanceLooking for SBA loans for automotive body, paint, and interior repair and maintenance? An SBA loan may be just what you've been looking for. This $39,900 automotive body, paint, and interior repair and maintenance loan was issued by an Illinois bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Salle, Illinois was able to borrow $39,900 from Citizens First National Bank. The SBA made the loan possible by guaranteeing $33,915 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS SBA Loan Lender CITIZENS FIRST NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 11/27/2002 Loan Approval Gross Amount $39,900 Loan Approval from the SBA Of the total $39,900 loan amount, the SBA guaranteed $33,915. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: The Friends and Family Network Good Banks for Small Business in Peru, Illinois
|
|
||
|
||||
|
|
||||