Firm Gets a Wisconsin SBA Loan

Small business loans in Wisconsin are hard to find these days. We take a look at one Wisconsin small business loan, provided by a Texas bank, that was approved by the SBA.

You can learn something about getting a small business loan in Madison, Wisconsin by studying this loan to a local company, made back in 2000. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
MADISON, WI 53713

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

Loan Approval Date

4/14/2000

Loan Approval Gross Amount

$30,700

Loan Approval from the SBA

Of the total $30,700 loan amount, the SBA guaranteed $15,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 4 new jobs.

Start the Process for Getting an SBA Loan Today!

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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