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December 22, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Bowling Centers Loan | ||||
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Associated Bank
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Business Loan from Associated Bank Given to Bowling Centers CompanyAssociated Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Illinois entrepreneur was able to get a loan to take a small business to the next level. This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $50,000 to help grow their Durand, Illinois business. SBA Loan Borrower COMPANY TYPE: BOWLING CENTERS SBA Loan Lender ASSOCIATED BANK The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 713950 - Bowling Centers Loan Approval Date 6/3/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan If you need business start up money in Durand IL, you ought to talk with a local Durand SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Durand businesses. 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: A Company That Helps Entrepreneurs SBA 7A Banks in Green Bay, Wisconsin SBA Participating Banks in Wisconsin
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