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November 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Springfield, Business Loans > Illinois National Bank Springfield Business Loans > Accounting Services Loan | ||||
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Illinois SBA Banks
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Springfield, Illinois Bank Lends Money to Accounting Services Company in Springfield, IllinoisThinking about meeting with a Springfield, Illinois bank about a small business loan? Here's one Illinois business loan, issued by a Springfield bank, that was approved by the SBA. Applying for an SBA loan with Illinois National Bank worked out well for our friends at one local firm in Springfield, Illinois. They received an SBA loan for $20,000. Great job! SBA Loan Borrower COMPANY TYPE: ACCOUNTING SERVICES SBA Loan Lender ILLINOIS NATIONAL BANK This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 8/10/2004 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source We've showcased information on this loan to let you know that businesses like yours 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: Small Bank Loans in Springfield, Illinois
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