Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Who Lends Money to Lansing Small Businesses

 

 
Loan Census SBA Loan Info

Lansing, Illinois Entrepreneur Gets a Bank Loan

Searching for an Illinois SBA loan? This Illinois entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Lansing, Illinois by studying this loan to a local business, made back in 2006. Banks like Superior Financial Group, LLC may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
LANSING, IL 60438

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

12/5/2006

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

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 SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you need business start up money in Lansing IL, you ought to talk with a local Lansing SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lansing businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

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Small Business Banks in Walnut Creek, California

Getting a Business Loan in California