Drinking Places Small Business Loans

With these small business loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $40,000 was given to a Wisconsin entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Clintonville, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Fox Communities Cu, based in Appleton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
CLINTONVILLE, WI 54929

SBA Loan Lender

FOX COMMUNITIES CU
3401 E CALUMET ST
APPLETON, WI 54915

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.

NAICS Code

722410 - Drinking Places

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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:

Bank Credit Lines

SBA 7A Banks in Appleton, Wisconsin

SBA Participating Banks in Wisconsin