Commercial Loans for Interior Design Services
Looking for commercial loans for interior design services? Try the SBA. This $20,000 interior design services loan was issued by an Illinois bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Decatur, Illinois was able to borrow $20,000 from National City Bank. The SBA made the loan possible by guaranteeing $10,000 of this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
Decatur, IL 62526
SBA Loan Lender
NATIONAL CITY BANK
2595 WAUKEGAN RD
BANNOCKBURN, IL 60015
This SBA business 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
541410 - Interior Design Services
Loan Approval Date
1/14/2005
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 no employees. The SBA loan application for the borrower indicated that the loan would help create 1 new job.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in Decatur IL, you ought to talk with a local Decatur SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Decatur businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, things become real when you believe you can achieve them!
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:
Business Cash Advances
SBA Participating Banks in Bannockburn, Illinois
Getting an SBA Loan in Illinois