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December 22, 2024  
 
 
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Raising Money in Athens, Illinois With SBA Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Janitorial Services

Looking for loans for janitorial services? Try the SBA. This $95,000 janitorial services loan was issued by an Illinois bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Marine Bank, Springfield, out of Springfield, Illinois. The loan was granted and they received $95,000 to help grow their Athens, Illinois business.

SBA Loan Borrower

COMPANY TYPE: AIRPORTS, FLYING FIELDS, AND TERMINAL SERVICES
ATHENS, IL 62613

SBA Loan Lender

MARINE BANK, SPRINGFIELD
3050 W WABASH AVE
SPRINGFIELD, IL 62704

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4581 - Airports, Flying Fields, and Terminal Services

NAICS Code

561720 - Janitorial Services

Loan Approval Date

1/9/2003

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Athens IL, you ought to talk with a local Athens SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Athens businesses.

We can help you find the best banks for small businesses in Athens or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Understanding Dilution

Best Banks in Springfield, Illinois

Illinois SBA Bank Lenders