Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Fond Du Lac, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Fond Du Lac, Wisconsin Entrepreneur Gets an SBA Loan

WisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Wisconsin bank provides the loan.

By giving the right information to Natl Exch Bank & Tr, this Fond Du Lac, Wisconsin business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: PREFABRICATED WOOD BUILDINGS AND COMPONENTS
FOND DU LAC, WI 54935

SBA Loan Lender

NATL EXCH BANK & TR
130 S MAIN ST
FOND DU LAC, WI 54935

This commercial loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2452 - Prefabricated Wood Buildings and Components

NAICS Code

321911 - Wood Window and Door Manufacturing

Loan Approval Date

2/17/2004

Loan Approval Gross Amount

$285,000

Loan Approval from the SBA

Of the total $285,000 loan amount, the SBA guaranteed $213,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $285,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How Equity Dilution Works

Small Business Banks in Fond Du Lac, Wisconsin

Wisconsin SBA 7A Lenders