SBA Loan from Fox Communities Cu Helps Landscape Architectural Services Company
An SBA loan from Fox Communities Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kaukauna, Wisconsin business owner got a $66,800 loan.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Fox Communities Cu, out of Appleton, Wisconsin. The loan was granted and they received $66,800 to help grow their Kaukauna, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
KAUKAUNA, WI 54130
SBA Loan Lender
FOX COMMUNITIES CU
3401 E CALUMET ST
APPLETON, WI 54915
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541320 - Landscape Architectural Services
Loan Approval Date
5/25/2007
Loan Approval Gross Amount
$66,800
Loan Approval from the SBA
Of the total $66,800 loan amount, the SBA guaranteed $33,400.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.
Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!
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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