Wausau, Wisconsin Bank Lends Money to Office Supplies And Stationery Company in Eagle River, Wisconsin

Get to know Wausau, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. River Valley Bank is one such bank, as evidenced by this SBA loan to a growing company.

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

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
EAGLE RIVER, WI 54521

SBA Loan Lender

RIVER VALLEY BANK
327 N 17TH AVE
WAUSAU, WI 54401

The lender provided this SBA loan 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

453210 - Office Supplies and Stationery

Loan Approval Date

6/8/2006

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Eagle River WI, you ought to talk with a local Eagle River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eagle River businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like River Valley Bank and they will explain how you can get an SBA loan for your company.

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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