Green Bay, Wisconsin Entrepreneur Gets a Bank Loan
Small business loans in Wisconsin are tough to come by these days. We take a look at one Wisconsin small business loan, provided by a Wisconsin bank, that was approved by the SBA.
This small business, based in Green Bay, Wisconsin, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Bank First National. We've got the inside scoop on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
GREEN BAY, WI 54302
SBA Loan Lender
BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
3/28/2007
Loan Approval Gross Amount
$8,500
Loan Approval from the SBA
Of the total $8,500 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
The Art of Bootstrapping
SBA Participating Banks in Manitowoc, Wisconsin
Wisconsin SBA 7A Lenders