Winnetka, IL Entrepreneur Gets SBA Loan to Buy Curtain Exchange Dallas the Franchise

Borrowing money to invest in a Curtain Exchange Dallas the franchise? First American Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Curtain Exchange Dallas the franchise? If so, here's a 2005 SBA franchise loan that you should know about. First American Bank was the lender and the entrepreneur was based in Winnetka, Illinois.

SBA Loan Borrower

THE CURTAIN EXCHANGE CHGO N.S.
WINNETKA, IL 60093

SBA Loan Lender

FIRST AMERICAN BANK
1650 LOUIS AVE
ELK GROVE VILLAGE, IL 60007

This lender issued this SBA business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337920 - Blind and Shade Manufacturing

Loan Approval Date

6/14/2005

Loan Approval Gross Amount

$94,000

Loan Approval from the SBA

Of the total $94,000 loan amount, the SBA guaranteed $79,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Curtain Exchange Dallas the franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding 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 can help you find the best banks for small businesses in Winnetka or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Elk Grove Village, Illinois

Illinois SBA 7A Banks