Custom Architectural Woodwork and Millwork Manufacturing Business Loans
Looking for business loans for custom architectural woodwork and millwork manufacturing? An SBA loan may be just what you've been looking for. This $180,000 custom architectural woodwork and millwork manufacturing loan was issued by an Illinois bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bolinbrook, Illinois was able to borrow $180,000 from Amcore Bank. The SBA made the loan possible by guaranteeing $135,000 of this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING
BOLINBROOK, IL 60440
SBA Loan Lender
AMCORE BANK
501 SEVENTH ST
ROCKFORD, IL 61104
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
337212 - Custom Architectural Woodwork and Millwork Manufacturing
Loan Approval Date
2/25/2003
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
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 40 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Bolinbrook 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:
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SBA 7A Banks in Rockford, Illinois
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