SBA Loan from Harris National Association Helps Couriers And Express Delivery Services Company

An SBA loan from Harris National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Olympia Fields, Illinois business owner got a $81,400 loan.

This small firm knew how to go about getting a business bank loan. Based in Olympia Fields, Illinois, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Harris National Association, based in Chicago, Illinois.

SBA Loan Borrower

COMPANY TYPE: COURIERS AND EXPRESS DELIVERY SERVICES
OLYMPIA FIELDS, IL 60461

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
111 W MONROE ST
CHICAGO, IL 60603

The lender provided this SBA business 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

492110 - Couriers and Express Delivery Services

Loan Approval Date

8/21/2007

Loan Approval Gross Amount

$81,400

Loan Approval from the SBA

Of the total $81,400 loan amount, the SBA guaranteed $40,700.

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 only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Harris National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

The Friends and Family Network

Small Bank Loans in Chicago, Illinois

SBA Lenders in Illinois