Company Gets an Illinois SBA Loan
Looking to get an Illinois SBA loan? This Illinois entrepreneur got an SBA loan, provided by a Virginia bank that works with the SBA to help small business owners.
This company, based in Batavia, Illinois, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Business Loan Center, LLC. We've got the inside scoop on this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND THEME PARKS
BATAVIA, IL 60510
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233
This commercial loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713110 - Amusement and Theme Parks
Loan Approval Date
10/16/2003
Loan Approval Gross Amount
$1,504,500
Loan Approval from the SBA
Of the total $1,504,500 loan amount, the SBA guaranteed $999,891.
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 65 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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 Business Loan Center, LLC 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.
Related Links:
A Company That Helps Entrepreneurs
Good Banks for Small Business in Richmond, Virginia
Getting an SBA Loan in Virginia