Computer and Computer Peripheral Equipment and Software Wholesalers Small Business Loans
Looking for small business loans for computer and computer peripheral equipment and software wholesalers? An SBA loan may be just what you've been looking for. This $75,000 computer and computer peripheral equipment and software wholesalers loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mcfarland, Wisconsin was able to borrow $75,000 from Mcfarland State Bank. The SBA made the loan possible by guaranteeing $63,750 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTERS, PERIPHERALS, AND SOFTWARE
MCFARLAND, WI 53558
SBA Loan Lender
MCFARLAND STATE BANK
5990 HWY 51
MCFARLAND, WI 53558
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5045 - Computers, Peripherals, and Software
NAICS Code
421430 - Computer and Computer Peripheral Equipment and Software Wholesalers
Loan Approval Date
2/26/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money 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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Getting a Small Business Loan
Small Business Banks in Mcfarland, Wisconsin
Wisconsin SBA 7A Lenders