Appleton, Wisconsin Lender Lends Money to Automotive Repair Shops Company
Thinking about meeting with an Appleton, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by an Appleton bank, that was approved by the SBA.
Applying for an SBA loan with Community First Cu worked out well for our friends at one local firm in Hilbert, Wisconsin. They got an SBA loan for $205,355. Sweet!
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE REPAIR SHOPS
HILBERT, WI 54129
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
At the time this loan was granted, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program is designed to give fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7539 - Automotive Repair Shops
NAICS Code
811310 - Commercial and Industrial Machinery and Equipment
Loan Approval Date
3/10/2005
Loan Approval Gross Amount
$205,355
Loan Approval from the SBA
Of the total $205,355 loan amount, the SBA guaranteed $154,016.
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 only one employee. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $205,355 loan. Remember, anyone can do it... so why not 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.
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