SBA Loan from Natl Exch Bank & Tr Helps Services Company
An SBA loan from Natl Exch Bank & Tr typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kiel, Wisconsin business owner got a $205,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kiel, Wisconsin was able to borrow $205,000 from Natl Exch Bank & Tr. The SBA made the loan possible by guaranteeing $153,750 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES
KIEL, WI 53042
SBA Loan Lender
NATL EXCH BANK & TR
130 S MAIN ST
FOND DU LAC, WI 54935
This commercial loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8999 - Services
NAICS Code
524210 - Insurance Agencies and Brokerages
Loan Approval Date
10/20/2004
Loan Approval Gross Amount
$205,000
Loan Approval from the SBA
Of the total $205,000 loan amount, the SBA guaranteed $153,750.
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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Business Credit Evaluation
Best Banks in Fond Du Lac, Wisconsin
Wisconsin SBA Banks