Borrowing Money for On-Line Information Services

Looking for loans for on-line information services? An SBA loan may be just what you've been looking for. This $475,000 on-line information services loan was issued by a Wisconsin bank.

Getting a small business loan in Lacrosse, Wisconsin was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Altra Fcu, operating out of La Crosse, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
LACROSSE, WI 54601

SBA Loan Lender

ALTRA FCU
2715 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7379 - Computer Related Services

NAICS Code

514191 - On-Line Information Services

Loan Approval Date

9/30/2005

Loan Approval Gross Amount

$475,000

Loan Approval from the SBA

Of the total $475,000 loan amount, the SBA guaranteed $356,250.

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 4 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Lacrosse or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Borrowing Money from Friends and Family

SBA 7A Banks in La Crosse, Wisconsin

Where to Get an SBA Loan Wisconsin