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May 7, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Child Day Care Services Loan | ||||
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How to Get Commercial Loans in Riverdale, Illinois
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Business Lenders, LLC Gives SBA Loan to Child Day Care Services CompanyWould an Illinois business loan help your company expand? If so, you may want to talk with this Connecticut bank, which offers SBA loans to Illinois entrepreneurs. Getting a small business loan in Riverdale, Illinois was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Business Lenders, LLC. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender BUSINESS LENDERS, LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 9/14/2007 Loan Approval Gross Amount $906,500 Loan Approval from the SBA Of the total $906,500 loan amount, the SBA guaranteed $679,875. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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: Realistic Debt Financing Options Good Banks for Small Business in Hartford, Connecticut
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