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April 25, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Loveland, Business Loans > Advantage Bank Loveland Business Loans > Carpet And Upholstery Cleaning Services Loan | ||||
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Examples of Geneva SBA Loans
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Borrowing Money for Carpet and Upholstery Cleaning ServicesLooking for loans for carpet and upholstery cleaning services? The SBA may be the answer. This $91,400 carpet and upholstery cleaning services loan was issued by a Colorado bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Geneva, Illinois was able to borrow $91,400 from Advantage Bank. The SBA made the loan possible by guaranteeing $77,690 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: CARPET AND UPHOLSTERY CLEANING SERVICES SBA Loan Lender ADVANTAGE BANK This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 4/7/2003 Loan Approval Gross Amount $91,400 Loan Approval from the SBA Of the total $91,400 loan amount, the SBA guaranteed $77,690. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Geneva or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding From a Venture Capitalist Small Bank Loans in Loveland, Colorado Find an SBA Lender in Colorado
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