Ivybank Finance, a small-business funding service in Quincy, Illinois, takes funding requests from towns across Adams County, IL, including Camp Point, Liberty, Mendon, Payson, Ursa and Golden. This page gives ZIP Code business counts for each (ZBP 2023) and explains how to get a business loan as a business, with a DBA, and what requirements to line up.
Adams County, IL villages and their ZIP Code counts
Requests reach us from across the county. The figures below are employer establishments in each ZIP Code in 2023 (Census Bureau, ZIP Code Business Patterns). Each ZIP Code covers far more land than the village it is named for, so these are not village counts. Quincy, IL has its own business data page.
| ZIP Code (USPS name) | Employer establishments | Employees | Share under 5 employees |
|---|---|---|---|
| 62320 (Camp Point, IL) | 64 | 430 | 62.5% |
| 62347 (Liberty, IL) | 42 | 126 | 76.2% |
| 62351 (Mendon, IL) | 35 | 204 | 60.0% |
| 62360 (Payson, IL) | 28 | 114 | 64.3% |
| 62376 (Ursa, IL) | 22 | 123 | 72.7% |
| 62339 (Golden, IL) | 22 | 285 | 68.2% |
| 62324 (Clayton, IL) | 13 | 35 | 76.9% |
| 62325 (Coatsburg, IL) | 9 | 44 | 77.8% |
| 62338 (Fowler, IL) | 9 | 20 | 77.8% |
What the ZIP Codes around Quincy, IL show
Construction leads the sector counts in several of these ZIP Codes: 18 of the 42 establishments in ZIP Code 62347 (Liberty, IL) and 16 of the 64 in ZIP Code 62320 (Camp Point, IL) were construction businesses in 2023 (ZBP 2023). In ZIP Code 62339 (Golden, IL), wholesale trade had 6 of the 22.
For a contractor in one of these ZIP Codes, the construction page covers draws, equipment and materials. Lima, Columbus, Loraine, Plainville, Burton, Bloomfield and Paloma, all in Adams County, IL, are served the same way: call or send the form.
How to get a business loan for a business
A business gets a loan in its own name when the entity is set up and the paperwork matches: the legal name on state filings, the federal Employer Identification Number, a business bank account and tax returns filed under that name. Partners compare the name on the request with those records.
Then the steps are the same as anywhere: name the expense, gather statements, send the request. The request stages explain the rest.
How to get a business loan with a DBA
A DBA, or assumed name, lets a business trade under a name other than its legal one. Partners lend to the legal entity or the owner behind the DBA, not to the assumed name itself, so have the DBA filing and the legal name together when you call.
How long does it take to get a small business loan approved?
Timing is set by each partner's review and by how complete the request is. Ivybank Finance sets no clock on a partner's review. A request with bank statements, tax returns and any quotes ready gives a partner what it needs without waiting on you.
If a deadline applies, such as a supplier holding an order or an equipment dealer holding a machine, say so on the first call.
Business loan requirements to line up in Quincy, IL
- A legal business name that matches state filings and tax accounts.
- A business bank account with recent statements.
- Tax returns for the business, or personal returns showing business income for a sole proprietor.
- A debt list: lender, balance and monthly payment for each.
- For a machine or a stock order, the quote or purchase order.
Questions about any of these? Call (217) 319-6382.
By Ivybank Finance ยท Updated