State Bank Financial Gives SBA Loan to Lawn And Garden Services Company

WisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Wisconsin bank provides the loan.

Getting a small business loan in La Crosse, Wisconsin was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from State Bank Financial. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
LA CROSSE, WI 54601

SBA Loan Lender

STATE BANK FINANCIAL
401 MAIN ST
LA CROSSE, WI 54601

This lender issued this particular small 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

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

9/17/2003

Loan Approval Gross Amount

$60,500

Loan Approval from the SBA

Of the total $60,500 loan amount, the SBA guaranteed $51,425.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 5 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $60,500 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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