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November 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Joliet, Business Loans > Harris National Association Joliet Business Loans > Concrete Contractors Loan | ||||
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Who Can Get a Business Loan in Elwood, Illinois?
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Loans for Concrete ContractorsLooking for loans for concrete contractors? Talk to a banker who works with the SBA. This $350,000 concrete contractors loan was issued by an Illinois bank. Getting a small business loan in Elwood, Illinois was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Harris National Association, operating out of Joliet, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: CONCRETE CONTRACTORS SBA Loan Lender HARRIS NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235710 - Concrete Contractors Loan Approval Date 7/3/2003 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 23 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $350,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - How to Decide How Much to Raise SBA 7A Lenders in Joliet, Illinois
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