Get an SBA Loan for Toilet Preparation Manufacturing

Looking for loans for toilet preparation manufacturing? An SBA loan may be just what you've been looking for. This $150,000 toilet preparation manufacturing loan was issued by an Illinois bank.

Getting a small business loan in Oglesby, Illinois was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Citizens First National Bank, operating out of Peru, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: TOILET PREPARATION MANUFACTURING
OGLESBY, IL 61348

SBA Loan Lender

CITIZENS FIRST NATIONAL BANK
925 SHOOTING PARK
PERU, IL 61354

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325620 - Toilet Preparation Manufacturing

Loan Approval Date

7/13/2005

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. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Oglesby IL, you ought to talk with a local Oglesby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oglesby businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens First National Bank and they will explain how you can get an SBA loan for your company.

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:

Alternative Financing

Small Bank Loans in Peru, Illinois

Illinois SBA 7A Lenders