Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Wisconsin Bank SBA Loans

 

 
Loan Census SBA Loan Info

Appleton, Wisconsin Lender Lends Money to Retail Stores Company

Get to know Appleton, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Amer National Bank-Fox Cities is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Appleton, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Amer National Bank-Fox Cities. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
APPLETON, WI 54913

SBA Loan Lender

AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

11/21/2003

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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:

Family and Friend Investors - Your First Financiers

SBA 7A Lenders in Appleton, Wisconsin

Wisconsin SBA 7A Lenders