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November 23, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sun Prairie, Business Loans > Bank Of Sun Prairie Sun Prairie Business Loans > Women's Clothing Stores Loan | ||||
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SBA Lender Sun Prairie
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Sun Prairie, Wisconsin Lender Lends Money to Women's Clothing Stores CompanyThinking about meeting with a Sun Prairie, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Sun Prairie bank, that was approved by the SBA. Applying for an SBA loan with Bank Of Sun Prairie worked out well for our friends at one local business in Madison, Wisconsin. They got an SBA loan for $90,000. Way to go! SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender BANK OF SUN PRAIRIE This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5621 - Women's Clothing Stores NAICS Code 448120 - Women's Clothing Stores Loan Approval Date 12/3/2003 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Sun Prairie 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: Obtaining Funding - How to Borrow Money Good Banks for Small Business in Sun Prairie, Wisconsin
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