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December 19, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Bloomington, Business Loans > Heartland Bank & Trust Bloomington Business Loans > Masonry Contractors Loan | ||||
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Illinois Small Business Funding
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Business Loans for Masonry ContractorsLooking for business loans for masonry contractors? The SBA may be the answer. This $70,000 masonry contractors loan was issued by an Illinois bank. Getting a small business loan in Normal, Illinois was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Heartland Bank & Trust, operating out of Bloomington, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: MASONRY CONTRACTORS SBA Loan Lender HEARTLAND BANK & TRUST This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 238140 - Masonry Contractors Loan Approval Date 3/19/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Next Steps for Getting an SBA Loan 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $70,000 loan. Remember, if it to be, it is up to me! 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: SBA Approved Banks in Bloomington, Illinois
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