Soil Preparation, Planting, and Cultivating Loans

Looking for loans for soil preparation, planting, and cultivating? Try the SBA. This $150,000 soil preparation, planting, and cultivating loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Associated Bank, out of Wausau, Wisconsin. The loan was granted and they received $150,000 to help grow their Appleton, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: SOIL PREPARATION SERVICES
APPLETON, WI 54914

SBA Loan Lender

ASSOCIATED BANK
303 S 1ST AVE
WAUSAU, WI 54402

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0711 - Soil Preparation Services

NAICS Code

115112 - Soil Preparation, Planting, and Cultivating

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 20 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

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