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December 22, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Vitreous China, Fine Earthenware, And Pottery Manufacturing Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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Loans for Vitreous China, Fine Earthenware, and Pottery ManufacturingWith these loans for vitreous china, fine earthenware, and pottery manufacturing, the SBA guarantees the lender that the loan will be repaid. This vitreous china, fine earthenware, and pottery manufacturing loan for $50,000 was given to an Illinois entrepreneur in 2005. This company knew how to go about getting a business bank loan. Based in Lincolnsgire, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Capital One, based in Mclean, Virginia. SBA Loan Borrower COMPANY TYPE: VITREOUS CHINA, FINE EARTHENWARE, AND POTTERY MANUFACTURING SBA Loan Lender CAPITAL ONE The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing Loan Approval Date 11/21/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 15 employees. The loan application indicated that the loan would help generate 1 new job and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Lincolnsgire or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies Small Business Banks in Mclean, Virginia
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