SBA Loans for Floor Laying and Floor Contractors
With these SBA loans for floor laying and floor contractors, the SBA guarantees the lender that the loan will be repaid. This floor laying and floor contractors loan for $100,000 was given to a Wisconsin entrepreneur in 2000.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Acuity Bank, out of Tomah, Wisconsin. The loan was granted and they received $100,000 to help grow their Adams, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK
ADAMS, WI 53910
SBA Loan Lender
ACUITY BANK
909 SUPERIOR AVE
TOMAH, WI 54660
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1752 - Floor Laying and Other Floor Work
NAICS Code
235520 - Floor Laying and Floor Contractors
Loan Approval Date
7/7/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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.
Related Links:
SBIR Funding
SBA 7A Banks for Tomah, Wisconsin Loans
Where to Get an SBA Loan Wisconsin