Borrowing Money for Irradiation Apparatus Manufacturing

Looking for loans for irradiation apparatus manufacturing? The SBA may be the answer. This $944,900 irradiation apparatus manufacturing loan was issued by an Illinois bank.

Getting a small business loan in Addison, Illinois was important for this company back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Lasalle Bank, operating out of Chicago, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: IRRADIATION APPARATUS MANUFACTURING
Addison, IL 61010

SBA Loan Lender

LASALLE BANK
135 S LASALLE ST
CHICAGO, IL 60603

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334517 - Irradiation Apparatus Manufacturing

Loan Approval Date

1/14/2008

Loan Approval Gross Amount

$944,900

Loan Approval from the SBA

Of the total $944,900 loan amount, the SBA guaranteed $708,675.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. This SBA loan request indicated that the loan would help retain 16 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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