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December 25, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > West Salem, Business Loans > Community Bank Group West Salem Business Loans > Beauty Shops Loan | ||||
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West Salem SBA Lenders
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West Salem, Wisconsin Lender Lends Money to Beauty Shops CompanyThinking about meeting with a West Salem, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a West Salem bank, that was approved by the SBA. Applying for an SBA loan with Community Bank Group worked out well for our friends at one local firm in La Crosse, Wisconsin. The business was able to get an SBA loan for $40,500. Way to go! SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender COMMUNITY BANK GROUP This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 8/22/2000 Loan Approval Gross Amount $40,500 Loan Approval from the SBA Of the total $40,500 loan amount, the SBA guaranteed $32,400. 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 12 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in La Crosse or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks for West Salem, Wisconsin Loans
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