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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Sporting Goods Stores Loan | ||||
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Associated Bank
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Business Loan from Associated Bank Given to Sporting Goods Stores CompanyAssociated Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Wisconsin entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Crandon, Wisconsin, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Associated Bank, based in Green Bay, Wisconsin. SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender ASSOCIATED BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 11/14/2006 Loan Approval Gross Amount $138,700 Loan Approval from the SBA Of the total $138,700 loan amount, the SBA guaranteed $69,350. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Associated Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA Banks in Green Bay, Wisconsin
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