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November 23, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Lake Mills, Business Loans > The Greenwood's State Bank Lake Mills Business Loans > Lawn And Garden Services Loan | ||||
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Banks in Lake Mills, Wisconsin That Make SBA Loans
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Entrepreneur Works With Lake Mills, Wisconsin Bank to Get an SBA LoanA Lake Mills, Wisconsin business loan can be yours. Learn how a company got a $150,000 business loan from this Wisconsin bank. This loan to a local firm is a good example of an SBA loan. The Greenwood's State Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: LAWN AND GARDEN SERVICES SBA Loan Lender THE GREENWOOD'S STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0782 - Lawn and Garden Services NAICS Code 235990 - Special Trade Contractors Loan Approval Date 5/21/2004 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. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Lake Mills 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: Who Lends Money to Small Businesses in Lake Mills, Wisconsin
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