Loan Census Banking News and Information
April 20, 2024  
 
 
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Small Business Banks for Winnetka, Illinois Business Owners

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Curtain Exchange Dallas the Franchise

Borrowing money to purchase a Curtain Exchange Dallas the franchise? First American Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Winnetka, Illinois and are interested in buying a Curtain Exchange Dallas the franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by First American Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LK DESIGNS LTD, DBA THE CURTAIN EXCHANGE N
WINNETKA, IL 60093

SBA Loan Lender

FIRST AMERICAN BANK
261 S WESTERN AVE, SPRING HIL
CARPENTERSVILLE, IL 60110

This lender processed this loan for a small business 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

442291 - Window Treatment Stores

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$53,000

Loan Approval from the SBA

Of the total $53,000 loan amount, the SBA guaranteed $26,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Curtain Exchange Dallas the franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the borrowed money would help create 3 new jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First American Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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