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April 25, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Peoria, Business Loans > Heritage Bank - Cent. Illinois Peoria Business Loans > Fish Window Cleaning Loan | ||||
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I Need an SBA Loan to Buy a Franchise in Peoria Heights, Illinois
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Peoria Heights, IL Entrepreneur Gets SBA Loan to Buy Fish Window Cleaning FranchiseBorrowing money to buy a Fish Window Cleaning franchise? Heritage Bank - Cent. Illinois has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Peoria Heights, Illinois needed money to invest in a Fish Window Cleaning franchise back in 2005. Heritage Bank - Cent. Illinois issued an SBA franchise loan. Here are the details on this Illinois small business loan. SBA Loan Borrower FISH WINDOW CLEANING SBA Loan Lender HERITAGE BANK - CENT. ILLINOIS This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561720 - Janitorial Services Loan Approval Date 4/6/2005 Loan Approval Gross Amount $38,225 Loan Approval from the SBA Of the total $38,225 loan amount, the SBA guaranteed $32,491. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fish Window Cleaning franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Fish Window Cleaning Services, Inc. Obtaining Funding - Friends and Family Good Banks for Small Business in Peoria, Illinois
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