Liquefied Petroleum Gas Dealers Loans

Looking for loans for liquefied petroleum gas dealers? An SBA loan may be just what you've been looking for. This $122,000 liquefied petroleum gas dealers loan was issued by an Illinois bank.

Getting a small business loan in Lawrenceville, Illinois was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Dieterich, operating out of Newton, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUEFIED PETROLEUM GAS DEALERS
LAWRENCEVILLE, IL 62439

SBA Loan Lender

1ST NATIONAL BANK - DIETERICH
1108 S VAN BUREN
NEWTON, IL 62448

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5984 - Liquefied Petroleum Gas Dealers

NAICS Code

454312 - Liquefied Petroleum Gas Dealers

Loan Approval Date

6/7/2000

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $91,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 8 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st National Bank - Dieterich and they will explain how you can get an SBA loan for your company.

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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