Antioch, Illinois Entrepreneur Gets a Small Business Loan

IllinoisBank loans are available to Illinois firms through the SBA. In this case, a Rhode Island bank provides the loan.

Getting a small business loan in Antioch, Illinois was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: MAYONNAISE, DRESSING, AND PREPARED SAUCE MANUFACTURING
ANTIOCH, IL 60002

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This 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

311941 - Mayonnaise, Dressing, and Prepared Sauce Manufacturing

Loan Approval Date

1/4/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

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 Rbs Citizens 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.

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