Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Genoa, Illinois Bank Loan

 

 
Loan Census SBA Loan Info

Landscaping Services Small Business Loans

Looking for small business loans for landscaping services? Try the SBA. This $30,000 landscaping services loan was issued by an Illinois bank.

This small firm knew how to go about getting a business bank loan. Based in Genoa, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was National Bank & Trust - Sycamore, based in Sycamore, Illinois.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
GENOA, IL 60135

SBA Loan Lender

NATIONAL BANK & TRUST - SYCAMORE
230 W STATE ST
SYCAMORE, IL 60178

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

2/14/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like National Bank & Trust - Sycamore 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:

Business Line of Credit

SBA 7A Banks for Sycamore, Illinois Loans

Where to Get an SBA Loan Illinois