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December 4, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Antigo, Business Loans > Covantage Cu Antigo Business Loans > Logging Loan | ||||
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How Hard Is It to Get a Small Business Loan in Lakewood, Wisconsin?
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Where to Get Capital for LoggingWith these SBA loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $37,500 was given to a Wisconsin entrepreneur in 2004. This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Covantage Cu, out of Antigo, Wisconsin. The loan was granted and they received $37,500 to help grow their Lakewood, Wisconsin business. SBA Loan Borrower COMPANY TYPE: LOGGING SBA Loan Lender COVANTAGE CU The lender provided this loan for a small business 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 113310 - Logging Loan Approval Date 8/23/2004 Loan Approval Gross Amount $37,500 Loan Approval from the SBA Of the total $37,500 loan amount, the SBA guaranteed $18,750. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: SBA Banks in Antigo, Wisconsin
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