Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Wisconsin Bank SBA Loans

 

 
Loan Census SBA Loan Info

Isb Community Bank SBA Loan to General Contracting For Residential Buildings Company

Looking to get a Wisconsin small business loan? Here's one Wisconsin business loan that was approved by the SBA.

This small business needed an SBA business loan in Hartland, Wisconsin back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Isb Community Bank, operating out of Ixonia, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL CONTRACTING FOR RESIDENTIAL BUILDINGS
HARTLAND, WI 53029

SBA Loan Lender

ISB COMMUNITY BANK
W1046 MARIETTA AVE
IXONIA, WI 53036

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1522 - General Contracting for Residential Buildings

Loan Approval Date

2/16/2000

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $36,000.

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 application for the borrower did not indicate that the SBA funding recipient planned 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?

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Hartland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Direct Public Offerings

Small Business Banks in Ixonia, Wisconsin

SBA Wisconsin Lenders