Get an SBA Loan for Hardware Stores

Looking for bank loans for hardware stores? The SBA may be the answer. This $356,563 hardware stores loan was issued by a Wisconsin bank.

Getting a small business loan in Madison, Wisconsin was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Johnson Bank, operating out of Madison, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
MADISON, WI 53716

SBA Loan Lender

JOHNSON BANK
5133 W TERRACE AVE
MADISON, WI 53718

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

5/9/2003

Loan Approval Gross Amount

$356,563

Loan Approval from the SBA

Of the total $356,563 loan amount, the SBA guaranteed $267,422.

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 17 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $356,563. How would you spend $356,563 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.

Related Links:

Business Cash Advances

Small Business Banks in Madison, Wisconsin

SBA Lenders in Wisconsin