Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Crystal Lake, Illinois Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Investment Advice

Looking for commercial loans for investment advice? Talk to a banker who works with the SBA. This $10,000 investment advice loan was issued by an Illinois bank.

Getting a small business loan in Crystal Lake, Illinois was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Amcore Bank, operating out of Rockford, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: INVESTMENT ADVICE
Crystal Lake, IL 60014

SBA Loan Lender

AMCORE BANK
501 SEVENTH ST
ROCKFORD, IL 61104

This loan for a small business 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

523930 - Investment Advice

Loan Approval Date

9/11/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are raising money in Crystal Lake IL, you ought to talk with a local Crystal Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Crystal Lake businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

SBIR Funding

Small Business Banks in Rockford, Illinois

SBA Illinois Banks