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May 13, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Berwyn, Business Loans > Citizens Commun Bank - Illinois Berwyn Business Loans > Roofing, Siding, And Sheet Metal Contractors Loan | ||||
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SBA Lender Addison Illinois
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Roofing, Siding, and Sheet Metal Contractors Small Business LoansLooking for small business loans for roofing, siding, and sheet metal contractors? The SBA may be the answer. This $400,000 roofing, siding, and sheet metal contractors loan was issued by an Illinois bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Addison, Illinois was able to borrow $400,000 from Citizens Commun Bank - Illinois. The SBA made the loan possible by guaranteeing $300,000 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS SBA Loan Lender CITIZENS COMMUN BANK - ILLINOIS The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235610 - Roofing, Siding, and Sheet Metal Contractors Loan Approval Date 8/28/2002 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 19 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Addison IL, you ought to talk with a local Addison SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Addison businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Banking Deregulation's Effects on Entrepreneurship Find an SBA Lender in Berwyn, Illinois
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