Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Commercial Loans

Looking for commercial loans for electrical apparatus and equipment, wiring supplies, and related equipment? Try the SBA. This $1,560,000 electrical apparatus and equipment, wiring supplies, and related equipment loan was issued by an Illinois bank.

Getting a small business loan in Glenview, Illinois was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Glenview State Bank, operating out of Glenview, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL APPARATUS AND EQUIPMENT, WIRING SUPPLIES, AND RELATED EQUIPMENT
GLENVIEW, IL 60025

SBA Loan Lender

GLENVIEW STATE BANK
800 WAUKEGAN RD
GLENVIEW, IL 60025

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423610 - Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment

Loan Approval Date

11/19/2007

Loan Approval Gross Amount

$1,560,000

Loan Approval from the SBA

Of the total $1,560,000 loan amount, the SBA guaranteed $1,170,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

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.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Attracting Investors

Small Business Banks in Glenview, Illinois

Illinois SBA 7A Lenders