Marinette, Wisconsin Bank Lends Money to Information Retrieval Services Company in Marinette, Wisconsin

Thinking about meeting with a Marinette, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Marinette bank, that was approved by the SBA.

Applying for an SBA loan with Stephenson National Bank & Tr worked out well for our friends at one local company in Marinette, Wisconsin. They got an SBA loan for $450,000. Nice!

SBA Loan Borrower

COMPANY TYPE: INFORMATION RETRIEVAL SERVICES
MARINETTE, WI 54143

SBA Loan Lender

STEPHENSON NATIONAL BANK & TR
1820 HALL AVE
MARINETTE, WI 54143

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7375 - Information Retrieval Services

NAICS Code

514199 - Information Services

Loan Approval Date

8/2/2002

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Marinette WI, you ought to talk with a local Marinette SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marinette businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $450,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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SBA Approved Banks in Marinette, Wisconsin

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