Borrowing Money for Industrial Supplies Merchant Wholesalers
Looking for bank loans for industrial supplies merchant wholesalers? The SBA may be the answer. This $75,000 industrial supplies merchant wholesalers loan was issued by a Wisconsin bank.
This small firm knew how to go about getting a business bank loan. Based in Appleton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Associated Bank, based in Green Bay, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL SUPPLIES MERCHANT WHOLESALERS
Appleton, WI 54914
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This lender processed this 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
423840 - Industrial Supplies Merchant Wholesalers
Loan Approval Date
6/2/2006
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Associated Bank and they will explain how you can get an SBA loan for your company.
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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Wisconsin SBA Banks