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November 23, 2024  
 
 
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Illinois Small Business Funding

 

 
Loan Census SBA Loan Info

Business Loans for Display Advertising

Looking for business loans for display advertising? An SBA loan may be just what you've been looking for. This $80,000 display advertising loan was issued by an Iowa bank.

Getting a small business loan in East Moline, Illinois was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Central State Bank, operating out of Le Claire, Iowa. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: DISPLAY ADVERTISING
EAST MOLINE, IL 61244

SBA Loan Lender

FIRST CENTRAL STATE BANK
1291 EAGLE RIDGE RD
LE CLAIRE, IA 52753

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541850 - Display Advertising

Loan Approval Date

8/6/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $60,000.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Accountant's Role in Securing Financing

SBA 7A Banks in Le Claire, Iowa

Iowa SBA Banks