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May 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Troy, Business Loans > Lasalle Bank Midwest Troy Business Loans > Limited-Service Restaurants Loan | ||||
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Who Lends Money to Naperville Businesses
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Illinois SBA Loan Issued to Limited-Service Restaurants CompanyBank loans in Illinois are are few and far betweeen these days. We take a look at one Illinois bank loan, provided by a Michigan bank, that was approved by the SBA. You can learn something about getting a small business loan in Naperville, Illinois by studying this loan to a local company, made back in 2005. Banks like Lasalle Bank Midwest may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender LASALLE BANK MIDWEST This lender processed this business 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 722211 - Limited-Service Restaurants Loan Approval Date 11/23/2005 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $90,000. 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 no employees. The SBA loan documents indicated that the loan would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Lasalle Bank Midwest so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in Troy, Michigan Getting an SBA Loan in Michigan
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