Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Beaver Dam, Wisconsin and We Got One!

 

 
Loan Census SBA Loan Info

Bank Loans for Lessors of Nonresidential Buildings

Looking for bank loans for lessors of nonresidential buildings? The SBA may be the answer. This $283,000 lessors of nonresidential buildings loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $283,000 to help grow their Beaver Dam, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
BEAVER DAM, WI 53916

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531120 - Lessors of Nonresidential Buildings

Loan Approval Date

2/17/2005

Loan Approval Gross Amount

$283,000

Loan Approval from the SBA

Of the total $283,000 loan amount, the SBA guaranteed $212,250.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Angel Investors

Best Green Bay, Wisconsin Banks for Small Business

Wisconsin SBA 7A Lenders