Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Glen Ellyn, Illinois Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Janitorial Services

Looking for bank loans for janitorial services? Talk to a banker who works with the SBA. This $315,000 janitorial services loan was issued by an Illinois bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Lasalle Bank, out of Chicago, Illinois. The loan was granted and they received $315,000 to help grow their Glen Ellyn, Illinois business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
Glen Ellyn, IL 60137

SBA Loan Lender

LASALLE BANK
135 S LASALLE ST
CHICAGO, IL 60603

This SBA 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.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

9/14/2007

Loan Approval Gross Amount

$315,000

Loan Approval from the SBA

Of the total $315,000 loan amount, the SBA guaranteed $157,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 55 employees. The SBA loan documents indicated that the loan would help retain 76 existing jobs.

Getting an SBA Loan For Your Business

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Small Business Credit Cards

SBA Approved Banks in Chicago, Illinois

Getting a Business Loan in Illinois