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December 20, 2024  
 
 
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We Needed an SBA 7A Loan in Glenview, Illinois and We Got One!

 

 
Loan Census SBA Loan Info

Electrical Contractors Business Loans

Looking for business loans for electrical contractors? Talk to a banker who works with the SBA. This $100,000 electrical contractors loan was issued by an Illinois bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Lasalle Bank, out of Chicago, Illinois. The loan was granted and they received $100,000 to help grow their Glenview, Illinois business.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL WORK
GLENVIEW, IL 60025

SBA Loan Lender

LASALLE BANK
135 S LASALLE ST
CHICAGO, IL 60603

This small business 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.

SIC Code

1731 - Electrical Work

NAICS Code

235310 - Electrical Contractors

Loan Approval Date

6/19/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, anyone can do it... so why not 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.

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