Get an SBA Loan for Site Preparation Contractors

Looking for small business loans for site preparation contractors? Talk to a banker who works with the SBA. This $82,600 site preparation contractors loan was issued by an Illinois bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Amcore Bank, out of Rockford, Illinois. The loan was granted and they received $82,600 to help grow their Antioch, Illinois business.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
ANTIOCH, IL 60002

SBA Loan Lender

AMCORE BANK
501 SEVENTH ST
ROCKFORD, IL 61104

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

9/20/2004

Loan Approval Gross Amount

$82,600

Loan Approval from the SBA

Of the total $82,600 loan amount, the SBA guaranteed $61,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amcore 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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