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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Appleton, Business Loans > Amer National Bank-Fox Cities Appleton Business Loans > Eating Places Loan | ||||
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SBA 7A Banks in Wisconsin
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SBA Loans for Limited-Service RestaurantsLooking for SBA loans for limited-service restaurants? Try the SBA. This $128,000 limited-service restaurants loan was issued by a Wisconsin bank. This business knew how to go about getting a business bank loan. Based in Kimberly, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Amer National Bank-Fox Cities, based in Appleton, Wisconsin. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender AMER NATIONAL BANK-FOX CITIES This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/2/2002 Loan Approval Gross Amount $128,000 Loan Approval from the SBA Of the total $128,000 loan amount, the SBA guaranteed $108,800. 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 5 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 $128,000 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. Related Links: Borrowing Money from Friends and Family SBA 7A Banks for Appleton, Wisconsin Loans
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