Floor Covering Stores Loans

Looking for loans for floor covering stores? Try the SBA. This $600,000 floor covering stores loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Oregon Community Bank & Trust, out of Oregon, Wisconsin. The loan was granted and they received $600,000 to help grow their Madison, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: FLOOR COVERING STORES
MADISON, WI 53716

SBA Loan Lender

OREGON COMMUNITY BANK & TRUST
733 N MAIN ST
OREGON, WI 53575

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442210 - Floor Covering Stores

Loan Approval Date

5/18/2007

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $600,000. How would you spend $600,000 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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