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December 22, 2024  
 
 
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SBA Franchise Financing Lender Plainfield Illinois

 

 
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Business Lenders, LLC Provides SBA Loan to Buy Glass Doctor Franchise

Need money to purchase a Glass Doctor franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Plainfield, Illinois needed money to invest in a Glass Doctor franchise back in 2000. Business Lenders, LLC issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

GLASS DOCTOR
PLAINFIELD, IL 60544

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3231 - Glass Products, Made of Purchased Glass

NAICS Code

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

7/11/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $105,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Glass Doctor franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the funding would help generate 4 new jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Glass Doctor

Obtaining Funding - Getting Venture Capital

Where to Get an SBA Loan in Hartford, Connecticut

Find an SBA Lender in Connecticut