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November 24, 2024  
 
 
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Loan Census SBA Loan Info

Eau Claire, Wisconsin Bank Lends Money to Radio And Television Broadcasting And Wireless Communications Equipment Company in Eau Claire, Wisconsin

Thinking about meeting with an Eau Claire, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by an Eau Claire bank, that was approved by the SBA.

Applying for an SBA loan with Royal Cu worked out well for our friends at one local company in Eau Claire, Wisconsin. They got an SBA loan for $100,000. Nice!

SBA Loan Borrower

COMPANY TYPE: RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT
EAU CLAIRE, WI 54703

SBA Loan Lender

ROYAL CU
200 RIVERFRONT TER
EAU CLAIRE, WI 54703

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

334220 - Radio and Television Broadcasting and Wireless Communications Equipment

Loan Approval Date

3/31/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 4 employees. The loan application indicated that the loan would help generate 40 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

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

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 Royal Cu 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.

Related Links:

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Best Banks for Small Business in Eau Claire, Wisconsin

Where to Get an SBA Loan Wisconsin