Kaukauna, Wisconsin Business Gets SBA-Guaranteed Funding from Amer National Bank-Fox Cities
Amer National Bank-Fox Cities is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans.
This growing 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 $231,500 to help grow their Kaukauna, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
KAUKAUNA, WI 54130
SBA Loan Lender
AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911
This SBA small 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.
SIC Code
5813 - Drinking Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
9/26/2005
Loan Approval Gross Amount
$231,500
Loan Approval from the SBA
Of the total $231,500 loan amount, the SBA guaranteed $173,625.
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 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 Amer National Bank-Fox Cities 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.
Related Links:
504 Loans
Small Business Banks in Appleton, Wisconsin
Getting an SBA Loan in Wisconsin