La Crosse, Wisconsin Bank Lends Money to Services Company in Lacrosse, Wisconsin
Get SBA loans from a La Crosse, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Park Bank is a La Crosse, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.
SBA Loan Borrower
COMPANY TYPE: SERVICES
LACROSSE, WI 54601
SBA Loan Lender
PARK BANK
700 STATE ST
LA CROSSE, WI 54602
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8999 - Services
NAICS Code
541110 - Lawyers
Loan Approval Date
6/6/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Park Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Alternative Financing
SBA Participating Banks in La Crosse, Wisconsin
SBA Wisconsin Lenders