Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Greenville, Wisconsin and We Got One!

 

 
Loan Census SBA Loan Info

Schools and Instruction Business Loans

With these business loans for schools and instruction, the SBA guarantees the lender that the loan will be repaid. This schools and instruction loan for $264,875 was given to a Wisconsin entrepreneur in 2003.

This small business knew how to go about getting a business bank loan. Based in Greenville, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was The Business Bank, based in Appleton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SCHOOLS AND EDUCATIONAL SERVICES
GREENVILLE, WI 54912

SBA Loan Lender

THE BUSINESS BANK
5643 WATERFORD LN
APPLETON, WI 54912

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8299 - Schools and Educational Services

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

9/8/2003

Loan Approval Gross Amount

$264,875

Loan Approval from the SBA

Of the total $264,875 loan amount, the SBA guaranteed $198,656.

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 2 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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.

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