Luck, Wisconsin Bank Lends Money to Barber Shops Company in Luck, Wisconsin

Thinking about meeting with a Luck, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Luck bank, that was approved by the SBA.

Applying for an SBA loan with Rural American Bank-Luck worked out well for our friends at one local firm in Luck, Wisconsin. They received an SBA loan for $55,100. Great job!

SBA Loan Borrower

COMPANY TYPE: BARBER SHOPS
LUCK, WI 54853

SBA Loan Lender

RURAL AMERICAN BANK-LUCK
206 MAIN ST
LUCK, WI 54853

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

812111 - Barber Shops

Loan Approval Date

4/30/2007

Loan Approval Gross Amount

$55,100

Loan Approval from the SBA

Of the total $55,100 loan amount, the SBA guaranteed $27,550.

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. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

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

If you are wondering how to raise money for a business in Luck WI, you ought to talk with a local Luck SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Luck businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rural American Bank-Luck are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Family and Friend Investors - Your First Financiers

SBA 7A Banks for Luck, Wisconsin Loans

Find an SBA Lender in Wisconsin