Raising Money for Household Appliance Stores
With these bank loans for household appliance stores, the SBA guarantees the lender that the loan will be repaid. This household appliance stores loan for $64,000 was given to a Wisconsin entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Green Bay, Wisconsin was able to borrow $64,000 from Associated Bank. The SBA made the loan possible by guaranteeing $32,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
Green Bay, WI 54313
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
443111 - Household Appliance Stores
Loan Approval Date
8/31/2006
Loan Approval Gross Amount
$64,000
Loan Approval from the SBA
Of the total $64,000 loan amount, the SBA guaranteed $32,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Financing Your Business
Best Banks for Small Business in Green Bay, Wisconsin
Wisconsin SBA Bank Lenders