Green Bay, Wisconsin Entrepreneur Gets an SBA Loan
WisconsinSBA loans are available to Wisconsin entrepreneurs through the SBA. In this case, a Wisconsin bank provides the loan.
Getting a small business loan in Green Bay, Wisconsin was a top priority for this particular business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from The Business Bank. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
GREEN BAY, WI 54311
SBA Loan Lender
THE BUSINESS BANK
5643 WATERFORD LN
APPLETON, WI 54912
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
531210 - Real Estate Agents and Brokers
Loan Approval Date
2/8/2008
Loan Approval Gross Amount
$19,900
Loan Approval from the SBA
Of the total $19,900 loan amount, the SBA guaranteed $9,950.
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 23 employees. This SBA loan request indicated that the loan would help retain 23 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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:
Strategic Investors
SBA Approved Banks in Appleton, Wisconsin
Find an SBA Lender in Wisconsin