Green Lake, Wisconsin Bank Gives SBA Loan to Transportation Services Company

Want to talk with a Green Lake, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Green Lake bank, that was approved by the SBA.

Applying for an SBA loan with Green Lake State Bank worked out well for our friends at one local firm in Green Lake, Wisconsin. The business was able to get an SBA loan for $1,675,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION SERVICES
GREEN LAKE, WI 54941

SBA Loan Lender

GREEN LAKE STATE BANK
515 HILL ST
GREEN LAKE, WI 54941

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4789 - Transportation Services

NAICS Code

488999 - Support Activities for Transportation

Loan Approval Date

4/22/2005

Loan Approval Gross Amount

$1,675,000

Loan Approval from the SBA

Of the total $1,675,000 loan amount, the SBA guaranteed $1,256,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

Small Business Credit Cards

SBA Approved Banks in Green Lake, Wisconsin

Wisconsin SBA Banks