Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Illinois Small Business Funding

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Jewelry Stores

Looking for small business loans for jewelry stores? Talk to a banker who works with the SBA. This $150,000 jewelry stores loan was issued by an Illinois bank.

Getting a small business loan in Lincolnshire, Illinois was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Northview Bank & Trust, operating out of Mundelein, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
LINCOLNSHIRE, IL 60069

SBA Loan Lender

NORTHVIEW BANK & TRUST
1110 MAIN ST
MUNDELEIN, IL 60060

This lender issued this particular loan for a small business 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

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

5/23/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 6 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Direct Public Offerings

SBA Participating Banks in Mundelein, Illinois

SBA Lenders in Illinois