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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > River Falls, Business Loans > 1st National Bank - River Falls River Falls Business Loans > Commercial And Institutional Building Construction Loan | ||||
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River Falls Lenders
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Entrepreneur Works With River Falls, Wisconsin Bank to Get an SBA LoanWant to talk with a River Falls, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a River Falls bank, that was approved by the SBA. Applying for an SBA loan with 1st National Bank - River Falls worked out well for our friends at one local firm in Hudson, Wisconsin. The business was able to get an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender 1ST NATIONAL BANK - RIVER FALLS The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 236220 - Commercial and Institutional Building Construction Loan Approval Date 7/12/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a business in Hudson WI, you ought to talk with a local Hudson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hudson businesses. 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 $150,000 loan. Remember, fight for what you want, and it will be yours! 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: Who Lends Money to Small Businesses in River Falls, Wisconsin
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