Wisconsin Bank Loan Issued to Drinking Places Company

Small business loans in Wisconsin are are few and far betweeen these days. We take a look at one Wisconsin small business loan, provided by a Wisconsin bank, that was approved by the SBA.

Getting a small business loan in Boyd, Wisconsin was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Anchorbank, Fsb. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
BOYD, WI 54726

SBA Loan Lender

ANCHORBANK, FSB
3406 OAKWOOD HILLS PKWY, STE
EAU CLAIRE, WI 54701

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

2/24/2000

Loan Approval Gross Amount

$76,170

Loan Approval from the SBA

Of the total $76,170 loan amount, the SBA guaranteed $60,936.

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 2 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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.

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