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November 15, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > La Crosse, Business Loans > River Bank La Crosse Business Loans > Marinas Loan | ||||
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La Crosse Bank Loan
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Entrepreneur Works With La Crosse, Wisconsin Bank to Get an SBA LoanGet business loans from a La Crosse, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. River Bank is a La Crosse, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company. SBA Loan Borrower COMPANY TYPE: MARINAS SBA Loan Lender RIVER BANK 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 4493 - Marinas NAICS Code 713930 - Marinas Loan Approval Date 12/18/2002 Loan Approval Gross Amount $134,000 Loan Approval from the SBA Of the total $134,000 loan amount, the SBA guaranteed $113,900. 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $134,000 loan. Remember, anyone can do it... so why not 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: Best La Crosse, Wisconsin Banks for Small Business
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