Small Business Loans for Store Retailers
With these small business loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $93,000 was given to an Illinois entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Skokie (niles Center), Illinois was able to borrow $93,000 from Citibank. The SBA made the loan possible by guaranteeing $46,500 of this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
SKOKIE (NILES CENTER), IL 60076
SBA Loan Lender
CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
453998 - Store Retailers
Loan Approval Date
5/24/2007
Loan Approval Gross Amount
$93,000
Loan Approval from the SBA
Of the total $93,000 loan amount, the SBA guaranteed $46,500.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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