Firm Gets a Wisconsin Small Business Loan
Small business loans in Wisconsin are tough to come by these days. We take a look at one Wisconsin small business loan, provided by a Wisconsin bank, that was approved by the SBA.
Getting a small business loan in Kaukauna, Wisconsin was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Amer National Bank-Fox Cities. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: USED MERCHANDISE STORES
KAUKAUNA, WI 54130
SBA Loan Lender
AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
453310 - Used Merchandise Stores
Loan Approval Date
1/5/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had no employees. The loan application indicated that the borrowed money would help create 1 new job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $20,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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