Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Wisconsin SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Madison, Wisconsin Bank Lends Money to Recreational Vehicle Dealers Company in De Forest, Wisconsin

Want to talk with a Madison, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Madison bank, that was approved by the SBA.

Applying for an SBA loan with Associated Bank worked out well for our friends at one local firm in De Forest, Wisconsin. They got an SBA loan for $80,000. Nice!

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
DE FOREST, WI 53532

SBA Loan Lender

ASSOCIATED BANK
1720 MONROE ST
MADISON, WI 53711

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5561 - Recreational Vehicle Dealers

NAICS Code

441210 - Recreational Vehicle Dealers

Loan Approval Date

1/26/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours 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:

Obtaining Funding From a Venture Capitalist

SBA Banks in Madison, Wisconsin

SBA Lenders in Wisconsin