Loan Census Banking News and Information
December 19, 2024  
 
 
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Illinois Small Business Funding

 

 
Loan Census SBA Loan Info

Where to Get Capital for Outpatient Care Centers

Looking for SBA loans for outpatient care centers? Try the SBA. This $60,000 outpatient care centers loan was issued by an Illinois bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with National City Bank, out of Clarendon Hills, Illinois. The loan was granted and they received $60,000 to help grow their West Dundee, Illinois business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY OUTPATIENT FACILITIES
WEST DUNDEE, IL 60118

SBA Loan Lender

NATIONAL CITY BANK
55TH & HOLMES
CLARENDON HILLS, IL 60514

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8093 - Specialty Outpatient Facilities

NAICS Code

621498 - Outpatient Care Centers

Loan Approval Date

5/30/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

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 23 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Clarendon Hills, Illinois

SBA Illinois Lenders