Supermarkets and Grocery Stores Small Business Loans
Looking for small business loans for supermarkets and grocery stores? An SBA loan may be just what you've been looking for. This $25,000 supermarkets and grocery stores loan was issued by a Wisconsin bank.
This company knew how to go about getting a business bank loan. Based in Eagle River, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was River Valley Bank, based in Wausau, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
EAGLE RIVER, WI 54521
SBA Loan Lender
RIVER VALLEY BANK
327 N 17TH AVE
WAUSAU, WI 54401
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
445110 - Supermarkets and Grocery Stores
Loan Approval Date
2/13/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from River Valley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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