Radio Stations Small Business Loans
With these small business loans for radio stations, the SBA guarantees the lender that the loan will be repaid. This radio stations loan for $2,000,000 was given to a Wisconsin entrepreneur in 2006.
Getting a small business loan in Monroe, Wisconsin was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wisconsin Community Bank, operating out of Sheboygan, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: RADIO, TELEVISION, AND PUBLISHERS ADVERTISING
MONROE, WI 53566
SBA Loan Lender
WISCONSIN COMMUNITY BANK
4706 S TAYLOR DR
SHEBOYGAN, WI 53081
This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7313 - Radio, Television, and Publishers Advertising
NAICS Code
513112 - Radio Stations
Loan Approval Date
5/16/2006
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 23 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Monroe WI, you ought to talk with a local Monroe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Monroe businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wisconsin Community Bank and they will explain how you can get an SBA loan for your company.
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:
Obtaining Funding - How to Borrow Money
SBA 7A Banks for Sheboygan, Wisconsin Loans
Find an SBA Lender in Wisconsin