Osceola, Wisconsin Bank Lends Money to Metalworking Machinery Company in Dresser, Wisconsin

Find Osceola, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. The Riverbank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Dresser, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from The Riverbank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: METALWORKING MACHINERY
DRESSER, WI 54009

SBA Loan Lender

THE RIVERBANK
304 CASCADE ST
OSCEOLA, WI 54020

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3549 - Metalworking Machinery

NAICS Code

333518 - Metalworking Machinery Manufacturing

Loan Approval Date

3/8/2001

Loan Approval Gross Amount

$43,530

Loan Approval from the SBA

Of the total $43,530 loan amount, the SBA guaranteed $37,000.

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 only one employee. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

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

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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