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November 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Calumet City, Business Loans > Rbs Citizens Calumet City Business Loans > Eating Places Loan | ||||
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Banks Doing SBA Loans in Illinois
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Calumet City, Illinois Lender Lends Money to Eating Places CompanyFind Calumet City, Illinois banks that specialize in business loans and know how to work with entrepreneurs. Rbs Citizens is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Lansing, Illinois starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Rbs Citizens. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender RBS CITIZENS This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/13/2001 Loan Approval Gross Amount $94,500 Loan Approval from the SBA Of the total $94,500 loan amount, the SBA guaranteed $80,325. 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 SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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: Family and Friend Investors - Your First Financiers Banks in Calumet City, Illinois
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