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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Green Bay, Business Loans > Bank First National Green Bay Business Loans > Horses And Other Equines Loan | ||||
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SBA Lender Green Bay, Wisconsin
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Entrepreneur Works With Green Bay, Wisconsin Bank to Get an SBA LoanWant to talk with a Green Bay, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Green Bay bank, that was approved by the SBA. Applying for an SBA loan with Bank First National worked out well for our friends at one local company in Green Bay, Wisconsin. The business was able to get an SBA loan for $71,500. Sweet! SBA Loan Borrower COMPANY TYPE: HORSES AND OTHER EQUINES SBA Loan Lender BANK FIRST NATIONAL This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0272 - Horses and Other Equines NAICS Code 112920 - Horse and Equine Production Loan Approval Date 1/17/2002 Loan Approval Gross Amount $71,500 Loan Approval from the SBA Of the total $71,500 loan amount, the SBA guaranteed $60,775. 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 2 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank First National so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Participating Banks in Green Bay, Wisconsin
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