Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

La Crosse, Wisconsin SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With La Crosse, Wisconsin Bank to Get an SBA Loan

Get to know La Crosse, Wisconsin banks that specialize in business loans and know how to work with entrepreneurs. Coulee Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in La Crosse, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Coulee Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
LA CROSSE, WI 54601

SBA Loan Lender

COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

236118 - Residential Remodelers

Loan Approval Date

3/12/2003

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in La Crosse WI, you ought to talk with a local La Crosse SBA lender or talk with an out-of-area SBA lender that has previously loaned money to La Crosse businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Small Business Credit Cards

SBA 7A Banks for La Crosse, Wisconsin Loans

Wisconsin SBA 7A Lenders