Getting an SBA Loan for Insurance Agencies and Brokerages
Looking for commercial loans for insurance agencies and brokerages? The SBA may be the answer. This $50,000 insurance agencies and brokerages loan was issued by a Wisconsin bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $50,000 to help grow their Appleton, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
APPLETON, WI 54914
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This loan for a small business 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.
NAICS Code
524210 - Insurance Agencies and Brokerages
Loan Approval Date
8/29/2002
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
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Find an SBA Lender in Wisconsin