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December 18, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Buffalo Grove, Business Loans > American Enterprise Bank Buffalo Grove Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Banks in Buffalo Grove, Illinois That Make SBA Loans
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Buffalo Grove, Illinois Lender Lends Money to Beer, Wine, And Liquor Stores CompanyFind Buffalo Grove, Illinois banks that specialize in business loans and know how to work with entrepreneurs. American Enterprise Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Brookfield, Illinois starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from American Enterprise Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender AMERICAN ENTERPRISE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 3/25/2005 Loan Approval Gross Amount $634,000 Loan Approval from the SBA Of the total $634,000 loan amount, the SBA guaranteed $475,500. 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 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. 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. 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 American Enterprise Bank 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: SBA 7A Banks in Buffalo Grove, Illinois Browse All Business Loan Sources for Illinois
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