Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Lenders in Illinois

 

 
Loan Census SBA Loan Info

Harris National Association Provides SBA Loan to Buy Jake's Pizza International Franchise

Need a loan to purchase a Jake's Pizza International franchise? Harris National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Schaumburg, Illinois needed money to invest in a Jake's Pizza International franchise back in 2004. Harris National Association issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

JAKE'S PIZZA
SCHAUMBURG, IL 60194

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
3225 KIRCHOFF RD
ROLLING MEADOWS, IL 60008

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jake's Pizza International franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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:

Debt Financing

Find an SBA Lender in Rolling Meadows, Illinois

Where to Get an SBA Loan Illinois