Green Bay, Wisconsin Bank Lends Money to New Car Dealers Company in Coleman, Wisconsin

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

Applying for an SBA loan with Associated Bank worked out well for our friends at one local business in Coleman, Wisconsin. They got an SBA loan for $400,000. Great job!

SBA Loan Borrower

COMPANY TYPE: NEW CAR DEALERS
COLEMAN, WI 54112

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441110 - New Car Dealers

Loan Approval Date

9/19/2002

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 13 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 13 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Coleman WI, you ought to talk with a local Coleman SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coleman businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $400,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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