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

Anchorbank, Fsb Small Business Loan

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Hazardous Waste Treatment and Disposal

With these SBA loans for hazardous waste treatment and disposal, the SBA guarantees the lender that the loan will be repaid. This hazardous waste treatment and disposal loan for $38,000 was given to a Wisconsin entrepreneur in 2003.

Getting a small business loan in Colfax, Wisconsin was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Anchorbank, Fsb, operating out of Menomonie, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: REFUSE SYSTEMS
COLFAX, WI 54730

SBA Loan Lender

ANCHORBANK, FSB
2421 STOUT RD
MENOMONIE, WI 54751

This lender issued this particular 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

4953 - Refuse Systems

NAICS Code

562211 - Hazardous Waste Treatment and Disposal

Loan Approval Date

4/25/2003

Loan Approval Gross Amount

$38,000

Loan Approval from the SBA

Of the total $38,000 loan amount, the SBA guaranteed $32,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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SBA 7A Banks in Menomonie, Wisconsin

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