Loan Census Banking News and Information
December 22, 2024  
 
 
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Small Business Banks for Lake Mills Small Businesses

 

 
Loan Census SBA Loan Info

Couriers and Express Delivery Services Business Loans

With these business loans for couriers and express delivery services, the SBA guarantees the lender that the loan will be repaid. This couriers and express delivery services loan for $50,000 was given to a Wisconsin entrepreneur in 2002.

This business knew how to go about getting a business bank loan. Based in Lake Mills, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Wisconsin Community Bank, based in Madison, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: COURIERS AND EXPRESS DELIVERY SERVICES
LAKE MILLS, WI 53551

SBA Loan Lender

WISCONSIN COMMUNITY BANK
8240 MINERAL POINT RD
MADISON, WI 53719

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

492110 - Couriers and Express Delivery Services

Loan Approval Date

9/9/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 131 employees. This SBA loan request indicated that the loan would help retain 131 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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