Bank First National SBA Loan to Gasoline Service Stations Company
Looking to get a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA.
This small business needed an SBA business loan in Manitowoc, Wisconsin back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Bank First National, operating out of Manitowoc, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
MANITOWOC, WI 54220
SBA Loan Lender
BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
7/28/2000
Loan Approval Gross Amount
$590,000
Loan Approval from the SBA
Of the total $590,000 loan amount, the SBA guaranteed $442,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the borrowed money would help create 2 new jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We can help you find the best banks for small businesses in Manitowoc or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Decide How Much to Raise
Where to Get an SBA Loan in Manitowoc, Wisconsin
Wisconsin SBA Banks