Altra Fcu SBA Loan to Beer, Wine, And Liquor Stores Company

An SBA loan from Altra Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a La Crosse, Wisconsin business owner got a $150,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Altra Fcu, out of La Crosse, Wisconsin. The loan was granted and they received $150,000 to help grow their La Crosse, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LA CROSSE, WI 54601

SBA Loan Lender

ALTRA FCU
2715 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

4/23/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Equity Financing

SBA Approved Banks in La Crosse, Wisconsin

Wisconsin SBA 7A Lenders