Automotive Parts and Accessories Stores Business Loans
Looking for business loans for automotive parts and accessories stores? Talk to a banker who works with the SBA. This $81,800 automotive parts and accessories stores loan was issued by a Wisconsin bank.
This business knew how to go about getting a business bank loan. Based in Manawa, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Fox Communities Cu, based in Appleton, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
MANAWA, WI 54949
SBA Loan Lender
FOX COMMUNITIES CU
3401 E CALUMET ST
APPLETON, WI 54915
The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
1/26/2007
Loan Approval Gross Amount
$81,800
Loan Approval from the SBA
Of the total $81,800 loan amount, the SBA guaranteed $40,900.
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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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