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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Fond Du Lac, Business Loans > Natl Exch Bank & Tr Fond Du Lac Business Loans > Boat Dealers Loan | ||||
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Raising Money in Campbellsport, Wisconsin With SBA Loans
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Business Loans for Boat DealersLooking for business loans for boat dealers? The SBA may be the answer. This $467,500 boat dealers loan was issued by a Wisconsin bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Campbellsport, Wisconsin was able to borrow $467,500 from Natl Exch Bank & Tr. The SBA made the loan possible by guaranteeing $350,625 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: BOAT DEALERS SBA Loan Lender NATL EXCH BANK & TR This loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5551 - Boat Dealers NAICS Code 441222 - Boat Dealers Loan Approval Date 10/27/2006 Loan Approval Gross Amount $467,500 Loan Approval from the SBA Of the total $467,500 loan amount, the SBA guaranteed $350,625. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Natl Exch Bank & Tr and they will explain how you can get an SBA loan for your company. 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: A Company That Helps Entrepreneurs Good Banks for Small Business in Fond Du Lac, Wisconsin
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