Get an SBA Loan for Electrical Contractors

With these small business loans for electrical contractors, the SBA guarantees the lender that the loan will be repaid. This electrical contractors loan for $50,000 was given to a Wisconsin entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Appleton, Wisconsin was able to borrow $50,000 from Associated Bank. The SBA made the loan possible by guaranteeing $25,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL WORK
APPLETON, WI 54913

SBA Loan Lender

ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

1731 - Electrical Work

NAICS Code

235310 - Electrical Contractors

Loan Approval Date

9/21/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Appleton WI, you ought to talk with a local Appleton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Appleton businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Associated Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Associated 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.

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