Illinois Business Loan Issued to Accounting Services Company

Want an Illinois business loan? This Illinois entrepreneur got a business loan, provided by a Wisconsin bank that works with the SBA to help small business owners.

Getting a small business loan in Roselle, Illinois was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Associated Bank. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING SERVICES
ROSELLE, IL 60172

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

541219 - Accounting Services

Loan Approval Date

3/8/2007

Loan Approval Gross Amount

$240,100

Loan Approval from the SBA

Of the total $240,100 loan amount, the SBA guaranteed $120,050.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Roselle IL, you ought to talk with a local Roselle SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Roselle businesses.

This SBA loan was for $240,100. How would you spend $240,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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Best Green Bay, Wisconsin Banks for Small Business

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