Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Middleton, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Physicians

Looking for commercial loans for physicians? Try the SBA. This $245,400 physicians loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Middleton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Johnson Bank, based in Madison, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY HOSPITALS
MIDDLETON, WI 53562

SBA Loan Lender

JOHNSON BANK
5133 W TERRACE AVE
MADISON, WI 53718

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 loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8069 - Specialty Hospitals

NAICS Code

621111 - Physicians

Loan Approval Date

1/27/2003

Loan Approval Gross Amount

$245,400

Loan Approval from the SBA

Of the total $245,400 loan amount, the SBA guaranteed $184,050.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add 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.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Financing Your Business

Best Banks in Madison, Wisconsin

Getting a Business Loan in Wisconsin