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November 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Edwardsville, Business Loans > 1st National Bank In Staunton Edwardsville Business Loans > Chiropractors Loan | ||||
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SBA Lenders That Lend to Illinois Businesses
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Illinois Business Loan Issued to Chiropractors CompanyIllinoisBank loans are available to Illinois firms through the SBA. In this case, an Illinois bank provides the loan. By giving the right information to 1st National Bank In Staunton, this East Alton, Illinois business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender 1ST NATIONAL BANK IN STAUNTON 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 621310 - Chiropractors Loan Approval Date 2/23/2004 Loan Approval Gross Amount $251,900 Loan Approval from the SBA Of the total $251,900 loan amount, the SBA guaranteed $188,925. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like 1st National Bank In Staunton that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks for Small Business in Edwardsville, Illinois Where to Get an SBA Loan Illinois
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