Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Banks in Manitowoc, Wisconsin That Make SBA Loans

 

 
Loan Census SBA Loan Info

Manitowoc, Wisconsin Lender Lends Money to Nursing And Personal Care Facilities, N.E.C Company

Find Manitowoc, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. Bank First National is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Manitowoc, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Bank First National. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C
MANITOWOC, WI 54220

SBA Loan Lender

BANK FIRST NATIONAL
2915 CUSTER ST
MANITOWOC, WI 54221

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a deep knowledge SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8059 - Nursing and Personal Care Facilities, N.E.C

Loan Approval Date

3/14/2000

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

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 4 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

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.

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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Where to Get an SBA Loan in Manitowoc, Wisconsin

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