Commercial Loans for Caterers
With these commercial loans for caterers, the SBA guarantees the lender that the loan will be repaid. This caterers loan for $6,600 was given to a Wisconsin entrepreneur in 2006.
Getting a small business loan in Eau Claire, Wisconsin was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Anchorbank, Fsb, operating out of New Richmond, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: CATERERS
Eau Claire, WI 54703
SBA Loan Lender
ANCHORBANK, FSB
355 S KNOWLES AVE
NEW RICHMOND, WI 54017
This loan for a small business 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
722320 - Caterers
Loan Approval Date
6/15/2006
Loan Approval Gross Amount
$6,600
Loan Approval from the SBA
Of the total $6,600 loan amount, the SBA guaranteed $3,300.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Understanding Dilution
SBA Approved Banks in New Richmond, Wisconsin
Wisconsin SBA 7A Banks