Investment Advice Commercial Loans
With these commercial loans for investment advice, the SBA guarantees the lender that the loan will be repaid. This investment advice loan for $150,000 was given to a Wisconsin entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Appleton, Wisconsin was able to borrow $150,000 from Hometown Bank. The SBA made the loan possible by guaranteeing $127,500 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: INVESTMENT ADVICE
APPLETON, WI 54915
SBA Loan Lender
HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935
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
6282 - Investment Advice
NAICS Code
523930 - Investment Advice
Loan Approval Date
6/23/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 only one employee. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Equity Financing
SBA 7A Lenders in Fond Du Lac, Wisconsin
SBA Participating Banks in Wisconsin