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April 23, 2024  
 
 
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SBA 7A Banks for Swansea, Illinois Small Businesses

 

 
Loan Census SBA Loan Info

Illinois Entrepreneur Secures Financing to Buy Actional International Franchise

Need a loan to invest in an Actional International franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Swansea, Illinois needed money to invest in an Actional International franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

ACTION INTERNATIONAL
SWANSEA, IL 62226

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

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

541618 - Management Consulting Services

Loan Approval Date

2/25/2005

Loan Approval Gross Amount

$90,900

Loan Approval from the SBA

Of the total $90,900 loan amount, the SBA guaranteed $77,265.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Actional International franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like U.S. Bank National Association and they will explain how you can get an SBA loan for your company.

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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Where to Get an SBA Loan Ohio