Fond Du Lac, Wisconsin Lender Lends Money to Eating Places Company
Get small business loans from a Fond Du Lac, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Hometown Bank is a Fond Du Lac, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
FOND DU LAC, WI 54935
SBA Loan Lender
HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935
This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a deep knowledge SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
1/31/2003
Loan Approval Gross Amount
$178,000
Loan Approval from the SBA
Of the total $178,000 loan amount, the SBA guaranteed $133,500.
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 11 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Hometown Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Famous Venture Capitalists
SBA Approved Banks in Fond Du Lac, Wisconsin
Wisconsin SBA Banks