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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Wausau, Business Loans > Peoples State Bank Wausau Business Loans > Services Loan | ||||
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Getting an SBA Loan in Antigo, Wisconsin
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Peoples State Bank Gives SBA Loan to Services CompanyWisconsinBusiness loans are available to Wisconsin business owners through the SBA. In this case, a Wisconsin bank provides the loan. You can learn something about getting a small business loan in Antigo, Wisconsin by studying this loan to a local business, made back in 2003. Banks like Peoples State Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender PEOPLES STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8999 - Services NAICS Code 339999 - Manufacturing Loan Approval Date 7/28/2003 Loan Approval Gross Amount $707,500 Loan Approval from the SBA Of the total $707,500 loan amount, the SBA guaranteed $530,625. 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 9 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Peoples State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Peoples State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA Participating Banks in Wausau, Wisconsin Find an SBA Lender in Wisconsin
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