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May 13, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Springfield, Business Loans > Illini Bank Springfield Business Loans > Small Business Loan Recipient Loan | ||||
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Banks in Illinois
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Automotive Glass Replacement Shops SBA LoansLooking for SBA loans for automotive glass replacement shops? Talk to a banker who works with the SBA. This $10,200 automotive glass replacement shops loan was issued by an Illinois bank. This business knew how to go about getting a business bank loan. Based in Chatham, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Illini Bank, based in Springfield, Illinois. SBA Loan Borrower SMALL BUSINESS LOAN RECIPIENT SBA Loan Lender ILLINI 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 small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811122 - Automotive Glass Replacement Shops Loan Approval Date 8/20/2007 Loan Approval Gross Amount $10,200 Loan Approval from the SBA Of the total $10,200 loan amount, the SBA guaranteed $8,160. 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 only one employee. The loan application indicated that the loan would help generate 1 new job. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Illini Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Borrowing Money from Friends and Family SBA Participating Banks in Springfield, Illinois Where to Get an SBA Loan Illinois
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