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November 14, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Drywall And Insulation Contractors Loan | ||||
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Raising Money in Fairview Heights, Illinois With SBA Loans
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How to Get a Loan for Drywall and Insulation ContractorsLooking for business loans for drywall and insulation contractors? Talk to a banker who works with the SBA. This $120,000 drywall and insulation contractors loan was issued by a Wisconsin bank. Getting a small business loan in Fairview Heights, 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 Associated Bank, operating out of Green Bay, Wisconsin. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS SBA Loan Lender ASSOCIATED BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238310 - Drywall and Insulation Contractors Loan Approval Date 4/19/2004 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $90,000. 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 20 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 20 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Associated Bank and they will explain how you can get an SBA loan for your company. 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:
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