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April 26, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Fort Myers, Business Loans > Busey Bank Fort Myers Business Loans > Home Furnishings Stores Loan | ||||
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SBA Lenders for Bloomington, Illinois Small Business Owners
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Busey Bank Gives Bank Loan to Home Furnishings Stores CompanyIllinoisSBA loans are available to Illinois entrepreneurs through the SBA. In this case, a Florida bank provides the loan. You can learn something about getting a small business loan in Bloomington, Illinois by studying this loan to a local business, made back in 2000. Banks like Busey Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: HOME FURNISHINGS STORES SBA Loan Lender BUSEY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442299 - Home Furnishings Stores Loan Approval Date 12/21/2000 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $32,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the funding would help generate 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Bloomington IL, you ought to talk with a local Bloomington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bloomington businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Busey Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: SBA 7A Banks for Fort Myers, Florida Loans
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