Entrepreneur Works With Appleton, Wisconsin Bank to Get an SBA Loan

Find Appleton, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Amer National Bank-Fox Cities is one such bank, as evidenced by this SBA loan to one business.

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

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
MENASHA, WI 54952

SBA Loan Lender

AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

7/25/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Amer National Bank-Fox Cities had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Amer National Bank-Fox Cities made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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