Green Bay, Wisconsin Business Gets SBA-Guaranteed Funding from Union State Bank
Union State Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans.
This growing company knew how to go about getting a business bank loan. Based in Green Bay, Wisconsin, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Union State Bank, based in Green Bay, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCTS
GREEN BAY, WI 54304
SBA Loan Lender
UNION STATE BANK
3223 MAIN ST
GREEN BAY, WI 54311
This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3499 - Fabricated Metal Products
NAICS Code
332710 - Machine Shops
Loan Approval Date
8/23/2002
Loan Approval Gross Amount
$590,000
Loan Approval from the SBA
Of the total $590,000 loan amount, the SBA guaranteed $442,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
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:
Angel Investors
Where to Get an SBA Loan in Green Bay, Wisconsin
Where to Get an SBA Loan Wisconsin