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May 18, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Rushville, Business Loans > Schuyler State Bank Rushville Business Loans > Jewelry Stores Loan | ||||
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Schuyler State Bank
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SBA Loan from Schuyler State Bank Helps Jewelry Stores CompanySchuyler State Bank has a track record as a leading provider of SBA loans. Find out how this Illinois entrepreneur received an SBA loan from them. Getting a small business loan in Rushville, Illinois was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Schuyler State Bank, operating out of Rushville, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender SCHUYLER STATE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5944 - Jewelry Stores NAICS Code 448310 - Jewelry Stores Loan Approval Date 7/2/2003 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are raising money in Rushville IL, you ought to talk with a local Rushville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rushville businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Find an SBA Lender in Rushville, Illinois
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