Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

SBA Lender Menasha

 

 
Loan Census SBA Loan Info

Menasha, Wisconsin Business Gets SBA-Guaranteed Funding from 1st National Bank - Fox Valley

An SBA loan from 1st National Bank - Fox Valley typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Menasha, Wisconsin business owner got a $40,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with 1st National Bank - Fox Valley, out of Neenah, Wisconsin. The loan was granted and they received $40,000 to help grow their Menasha, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE SERVICES
MENASHA, WI 54952

SBA Loan Lender

1ST NATIONAL BANK - FOX VALLEY
550 S GREEN BAY RD
NEENAH, WI 54956

This lender issued this particular SBA 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

7549 - Automotive Services

NAICS Code

488410 - Motor Vehicle Towing

Loan Approval Date

8/29/2001

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Menasha WI, you ought to talk with a local Menasha SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Menasha 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 $40,000 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:

Business Credit Evaluation

Best Neenah, Wisconsin Banks for Small Business

SBA Lenders in Wisconsin