Loan Census Banking News and Information
May 13, 2024  
 
 
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Small Business Banks for Naperville, Illinois Entrepreneurs

 

 
Loan Census SBA Loan Info

First Midwest Bank Gives SBA Loan to Offices And Clinics Of Chiropractors Company

IllinoisBank loans are available to Illinois firms through the SBA. In this case, an Illinois bank provides the loan.

You can learn something about getting a small business loan in Naperville, Illinois by studying this loan to a local company, made back in 2002. Banks like First Midwest Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
NAPERVILLE, IL 60563

SBA Loan Lender

FIRST MIDWEST BANK
410 W LOCKPORT ST
PLAINFIELD, IL 60544

This lender issued this particular commercial 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.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

4/12/2002

Loan Approval Gross Amount

$34,000

Loan Approval from the SBA

Of the total $34,000 loan amount, the SBA guaranteed $28,900.

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 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Naperville 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:

The Friends and Family Network

Best Plainfield, Illinois Banks for Small Business

SBA Illinois Lenders