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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Cadott, Business Loans > Citizens State Bank Cadott Business Loans > Excavation Work Loan | ||||
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Citizens State Bank SBA Loans
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Loans for Excavation ContractorsLooking for loans for excavation contractors? Try the SBA. This $150,000 excavation contractors loan was issued by a Wisconsin bank. This company knew how to go about getting a business bank loan. Based in Cadott, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Citizens State Bank, based in Cadott, Wisconsin. SBA Loan Borrower COMPANY TYPE: EXCAVATION WORK SBA Loan Lender CITIZENS STATE BANK This lender issued this particular bank 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. SIC Code 1794 - Excavation Work NAICS Code 235930 - Excavation Contractors Loan Approval Date 2/19/2003 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 only one employee. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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: Good Banks for Small Business in Cadott, Wisconsin
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