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December 22, 2024  
 
 
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Small Business Banks for Appleton Entrepreneurs

 

 
Loan Census SBA Loan Info

Financing for Wood Product Manufacturing

Looking for commercial loans for wood product manufacturing? Try the SBA. This $25,000 wood product manufacturing loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Associated Bank, out of Neenah, Wisconsin. The loan was granted and they received $25,000 to help grow their Appleton, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: WOOD PRODUCT MANUFACTURING
APPLETON, WI 54942

SBA Loan Lender

ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

321999 - Wood Product Manufacturing

Loan Approval Date

11/14/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Associated Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Determining Proper Capital Structure for a Business

Good Banks for Small Business in Neenah, Wisconsin

Getting an SBA Loan in Wisconsin