Getting an SBA Loan for Caterers
Looking for commercial loans for caterers? The SBA may be the answer. This $18,000 caterers loan was issued by a Wisconsin bank.
Getting a small business loan in La Crosse, Wisconsin was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Coulee Bank, operating out of La Crosse, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: CATERERS
LA CROSSE, WI 54603
SBA Loan Lender
COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
722320 - Caterers
Loan Approval Date
1/4/2008
Loan Approval Gross Amount
$18,000
Loan Approval from the SBA
Of the total $18,000 loan amount, the SBA guaranteed $9,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Coulee Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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