Cheese Manufacturing Loans

Looking for loans for cheese manufacturing? Try the SBA. This $1,400,000 cheese manufacturing loan was issued by a Wisconsin bank.

Getting a small business loan in Cresco, Iowa was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Cashton, operating out of Cashton, Wisconsin. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: CHEESE MANUFACTURING
CRESCO, IA 52136

SBA Loan Lender

BANK OF CASHTON
723 MAIN ST
CASHTON, WI 54619

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311513 - Cheese Manufacturing

Loan Approval Date

8/13/2003

Loan Approval Gross Amount

$1,400,000

Loan Approval from the SBA

Of the total $1,400,000 loan amount, the SBA guaranteed $999,600.

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 24 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding - How to Borrow Money

Best Banks in Cashton, Wisconsin

Wisconsin SBA Banks