Borrowing Money for Commercial Printing
With these loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $265,000 was given to a Wisconsin entrepreneur in 2005.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Amer National Bank-Fox Cities, out of Appleton, Wisconsin. The loan was granted and they received $265,000 to help grow their Kaukauna, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
KAUKAUNA, WI 54130
SBA Loan Lender
AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911
At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program was created to offer quick 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
2759 - Commercial Printing
NAICS Code
323119 - Commercial Printing
Loan Approval Date
8/24/2005
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Amer National Bank-Fox Cities so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
SBA 7A Lenders in Appleton, Wisconsin
SBA Participating Banks in Wisconsin