Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Burlington, Wisconsin SBA Banks

 

 
Loan Census SBA Loan Info

Burlington, Wisconsin Lender Lends Money to Graphic Design Services Company

Thinking about meeting with a Burlington, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Burlington bank, that was approved by the SBA.

Applying for an SBA loan with Fox River State Bank worked out well for our friends at one local firm in Burlington, Wisconsin. The business was able to get an SBA loan for $150,000. Nice!

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
BURLINGTON, WI 53105

SBA Loan Lender

FOX RIVER STATE BANK
241 E JEFFERSON ST
BURLINGTON, WI 53105

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Burlington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

How to Raise Money

SBA 7A Banks in Burlington, Wisconsin

SBA Lenders in Wisconsin