Wausau, Wisconsin Bank Gives SBA Loan to Lessors Of Real Estate Property Company
Get business loans from a Wausau, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
River Valley Bank is a Wausau, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF REAL ESTATE PROPERTY
EAGLE RIVER, WI 54521
SBA Loan Lender
RIVER VALLEY BANK
327 N 17TH AVE
WAUSAU, WI 54401
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
531190 - Lessors of Real Estate Property
Loan Approval Date
7/20/2006
Loan Approval Gross Amount
$94,500
Loan Approval from the SBA
Of the total $94,500 loan amount, the SBA guaranteed $47,250.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. River Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, River Valley Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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