 |
 |
May 2, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Illinois Business Loan Sources > Chicago, Business Loans > South Cent. Bank Chicago Business Loans > Independent Artists, Writers, And Performers Loan | ||||
 |
||||
We Needed a Business Loan in Chicago, Illinois and We Got One!
|
||||
 |
Where to Get Capital for Independent Artists, Writers, and PerformersLooking for small business loans for independent artists, writers, and performers? Talk to a banker who works with the SBA. This $284,800 independent artists, writers, and performers loan was issued by an Illinois bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with South Cent. Bank, out of Chicago, Illinois. The loan was granted and they received $284,800 to help grow their Chicago, Illinois business. SBA Loan Borrower COMPANY TYPE: INDEPENDENT ARTISTS, WRITERS, AND PERFORMERS SBA Loan Lender SOUTH CENT. BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711510 - Independent Artists, Writers, and Performers Loan Approval Date 1/16/2003 Loan Approval Gross Amount $284,800 Loan Approval from the SBA Of the total $284,800 loan amount, the SBA guaranteed $213,600. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $284,800 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Approved Banks in Chicago, Illinois SBA Participating Banks in Illinois
|
|
||
|
||||
|
|
||||