Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Chicago Entrepreneurs

 

 
Loan Census SBA Loan Info

Commercial Loans for Building Finishing Contractors

Looking for commercial loans for building finishing contractors? Talk to a banker who works with the SBA. This $50,000 building finishing contractors loan was issued by an Ohio bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with National City Bank, out of Cleveland, Ohio. The loan was granted and they received $50,000 to help grow their Chicago, Illinois business.

SBA Loan Borrower

COMPANY TYPE: BUILDING FINISHING CONTRACTORS
Chicago, IL 60630

SBA Loan Lender

NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Cash Advances

Small Business Banks in Cleveland, Ohio

Ohio SBA 7A Banks