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November 15, 2024  
 
 
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Illinois Small Business Funding

 

 
Loan Census SBA Loan Info

Business Loans for Interior Design Services

Looking for business loans for interior design services? Try the SBA. This $70,000 interior design services loan was issued by an Illinois bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Home St. Bank/natl Association, out of Crystal Lake, Illinois. The loan was granted and they received $70,000 to help grow their Antioch, Illinois business.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
ANTIOCH, IL 60002

SBA Loan Lender

HOME ST. BANK/NATL ASSOCIATION
40 GRANT ST
CRYSTAL LAKE, IL 60014

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541410 - Interior Design Services

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

Obtaining Funding - How to Borrow Money

Find an SBA Lender in Crystal Lake, Illinois

Getting an SBA Loan in Illinois