Where to Get Capital for Petroleum Bulk Stations and Terminals
With these small business loans for petroleum bulk stations and terminals, the SBA guarantees the lender that the loan will be repaid. This petroleum bulk stations and terminals loan for $870,000 was given to a Wisconsin entrepreneur in 2007.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank First National, out of Manitowoc, Wisconsin. The loan was granted and they received $870,000 to help grow their Kaukauna, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: PETROLEUM BULK STATIONS AND TERMINALS
KAUKAUNA, WI 54130
SBA Loan Lender
BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424710 - Petroleum Bulk Stations and Terminals
Loan Approval Date
8/13/2007
Loan Approval Gross Amount
$870,000
Loan Approval from the SBA
Of the total $870,000 loan amount, the SBA guaranteed $652,500.
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 16 employees. The SBA loan documents indicated that the loan would help retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 $870,000 loan. Remember, if it to be, it is up to me!
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:
Small Business Loan
Where to Get an SBA Loan in Manitowoc, Wisconsin
Browse All Business Loan Sources for Wisconsin