Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Raising Money in Naperville, Illinois With SBA Loans

 

 
Loan Census SBA Loan Info

Amusement and Recreation Industries Small Business Loans

Looking for small business loans for amusement and recreation industries? The SBA may be the answer. This $102,000 amusement and recreation industries loan was issued by an Illinois bank.

Getting a small business loan in Naperville, Illinois was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Harris National Association, operating out of Joliet, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
NAPERVILLE, IL 60564

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
78 N CHICAGO ST
JOLIET, IL 60432

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

2/15/2005

Loan Approval Gross Amount

$102,000

Loan Approval from the SBA

Of the total $102,000 loan amount, the SBA guaranteed $86,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Naperville 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:

Debt Financing

SBA 7A Banks for Joliet, Illinois Loans

SBA Lenders in Illinois