General Rental Centers Loans
Looking for loans for general rental centers? An SBA loan may be just what you've been looking for. This $290,000 general rental centers loan was issued by a Wisconsin bank.
This small firm knew how to go about getting a business bank loan. Based in Janesville, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Evergreen Cu, based in Neenah, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: GENERAL RENTAL CENTERS
JANESVILLE, WI 53545
SBA Loan Lender
EVERGREEN CU
1500 W AMERICAN DR
NEENAH, WI 54956
This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532310 - General Rental Centers
Loan Approval Date
3/14/2007
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
Remember, you 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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Evergreen Cu and they will explain how you can get an SBA loan for your company.
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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