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November 21, 2024  
 
 
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SBA 7A Banks for Black Creek Small Business Owners

 

 
Loan Census SBA Loan Info

Commercial Loans for Drywall, Plastering, Acoustical, and Insulation Contractors

Looking for commercial loans for drywall, plastering, acoustical, and insulation contractors? Talk to a banker who works with the SBA. This $26,000 drywall, plastering, acoustical, and insulation contractors loan was issued by a Wisconsin bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Black Creek, Wisconsin was able to borrow $26,000 from Amer National Bank-Fox Cities. The SBA made the loan possible by guaranteeing $22,100 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
BLACK CREEK, WI 54106

SBA Loan Lender

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

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1771 - Concrete Work

NAICS Code

235420 - Drywall, Plastering, Acoustical, and Insulation Contractors

Loan Approval Date

1/31/2002

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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:

Getting a Small Business Loan

Who Lends Money to Small Businesses in Appleton, Wisconsin

SBA Wisconsin Lenders