Financing for Automobile Driving Schools
Looking for commercial loans for automobile driving schools? Talk to a banker who works with the SBA. This $70,000 automobile driving schools loan was issued by a Wisconsin bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $70,000 to help grow their Fond Du Lac, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: AUTOMOBILE DRIVING SCHOOLS
FOND DU LAC, WI 54935
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This lender processed this debt financing 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
611692 - Automobile Driving Schools
Loan Approval Date
8/20/2003
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $35,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 18 employees. The loan application indicated that the loan would help retain 18 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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