Green Bay, Wisconsin Bank Lends Money to Educational Support Services Company in Northbrook, Illinois
Thinking about meeting with a Green Bay, Wisconsin bank about an SBA loan? Here's one Illinois business loan, issued by a Green Bay bank, that was approved by the SBA.
Applying for an SBA loan with Associated Bank worked out well for our friends at one local company in Northbrook, Illinois. They received an SBA loan for $250,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
NORTHBROOK, IL 60062
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
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
611710 - Educational Support Services
Loan Approval Date
10/12/2004
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding 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.
We can help you find the best banks for small businesses in Northbrook 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.
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