Coulee Bank SBA Loan to Commercial Printing Company
Looking to get a Wisconsin SBA loan? Here's one Wisconsin business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in La Crosse, Wisconsin, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Coulee Bank, based in La Crosse, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
LA CROSSE, WI 54601
SBA Loan Lender
COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601
This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2759 - Commercial Printing
Loan Approval Date
4/11/2000
Loan Approval Gross Amount
$16,000
Loan Approval from the SBA
Of the total $16,000 loan amount, the SBA guaranteed $12,800.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 $16,000 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.
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