Where to Get Capital for Book Stores

With these small business loans for book stores, the SBA guarantees the lender that the loan will be repaid. This book stores loan for $123,380 was given to a Wisconsin entrepreneur in 2003.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Great Wisconsin Cu, out of Madison, Wisconsin. The loan was granted and they received $123,380 to help grow their Middleton, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
MIDDLETON, WI 53562

SBA Loan Lender

GREAT WISCONSIN CU
2424 RIMROCK RD
MADISON, WI 53713

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

5942 - Book Stores

NAICS Code

451211 - Book Stores

Loan Approval Date

1/8/2003

Loan Approval Gross Amount

$123,380

Loan Approval from the SBA

Of the total $123,380 loan amount, the SBA guaranteed $104,873.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

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 $123,380 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 Line of Credit

SBA Participating Banks in Madison, Wisconsin

SBA Wisconsin Banks