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May 2, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Brookfield, Business Loans > Ridgestone Bank Brookfield Business Loans > Solid Waste Collection Loan | ||||
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Raising Money in Chicago, Illinois With SBA Loans
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Getting an SBA Loan for Solid Waste CollectionLooking for business loans for solid waste collection? An SBA loan may be just what you've been looking for. This $650,000 solid waste collection loan was issued by a Wisconsin bank. Getting a small business loan in Chicago, Illinois was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Ridgestone Bank, operating out of Brookfield, Wisconsin. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: SOLID WASTE COLLECTION SBA Loan Lender RIDGESTONE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 562111 - Solid Waste Collection Loan Approval Date 7/19/2006 Loan Approval Gross Amount $650,000 Loan Approval from the SBA Of the total $650,000 loan amount, the SBA guaranteed $487,500. 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 12 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money 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 $650,000 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: Dealing With Venture Capitalists Where to Get an SBA Loan in Brookfield, Wisconsin
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