Fitchburg, Wisconsin Business Gets SBA-Guaranteed Funding from Associated Bank
Associated Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fitchburg, Wisconsin was able to borrow $100,000 from Associated Bank. The SBA made the loan possible by guaranteeing $75,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
Fitchburg, WI 53711
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
11/16/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $75,000.
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. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
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SBA Participating Banks in Wisconsin