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November 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Bloomington, Business Loans > Heartland Bank & Trust Bloomington Business Loans > Floor Laying And Other Floor Work Loan | ||||
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How to Get SBA Loans in Eurekara, Illinois
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Floor Laying and Floor Contractors SBA LoansLooking for SBA loans for floor laying and floor contractors? An SBA loan may be just what you've been looking for. This $120,000 floor laying and floor contractors loan was issued by an Illinois bank. Getting a small business loan in Eurekara, Illinois was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Heartland Bank & Trust, operating out of Bloomington, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK SBA Loan Lender HEARTLAND BANK & TRUST This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1752 - Floor Laying and Other Floor Work NAICS Code 235520 - Floor Laying and Floor Contractors Loan Approval Date 2/9/2004 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Heartland Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Role of Business Plan When Raising Money Best Banks in Bloomington, Illinois
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