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December 20, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Manitowoc, Business Loans > Investors Community Bank Manitowoc Business Loans > Painting And Paper Hanging Loan | ||||
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Manitowoc, Wisconsin SBA Lenders
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Manitowoc, Wisconsin Bank Lends Money to Painting And Paper Hanging Company in Manitowoc, WisconsinThinking about meeting with a Manitowoc, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Manitowoc bank, that was approved by the SBA. Applying for an SBA loan with Investors Community Bank worked out well for our friends at one local firm in Manitowoc, Wisconsin. They got an SBA loan for $275,000. Way to go! SBA Loan Borrower COMPANY TYPE: PAINTING AND PAPER HANGING SBA Loan Lender INVESTORS COMMUNITY BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1721 - Painting and Paper Hanging NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 9/27/2001 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. 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 20 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Investors Community Bank 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: Accountant's Role in Securing Financing SBA 7A Lenders in Manitowoc, Wisconsin
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