 |
 |
December 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Illinois Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Residential Remodelers Loan | ||||
 |
||||
Nevada SBA 7A Lenders
|
||||
 |
Henderson, Nevada Bank Lends Money to Residential Remodelers Company in Chicago, IllinoisThinking about meeting with a Henderson, Nevada bank about a small business loan? Here's one Illinois business loan, issued by a Henderson bank, that was approved by the SBA. Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local business in Chicago, Illinois. They got an SBA loan for $45,000. Way to go! SBA Loan Borrower COMPANY TYPE: RESIDENTIAL REMODELERS SBA Loan Lender WASHINGTON MUTUAL BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 236118 - Residential Remodelers Loan Approval Date 11/28/2007 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $22,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 16 employees. The loan application indicated that the loan would help generate 41 new jobs and retain 41 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Washington Mutual Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Washington Mutual Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: The Friends and Family Network SBA Participating Banks in Henderson, Nevada
|
|
||
|
||||
|
|
||||