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December 19, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Rockford, Business Loans > Amcore Bank Rockford Business Loans > Ornamental Floriculture Nursery Products Loan | ||||
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Illinois Bank SBA Loans
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Amcore Bank SBA Loan to Ornamental Floriculture Nursery Products CompanyWant a Wisconsin small business loan? Here's one Wisconsin business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Montello, Wisconsin was able to borrow $64,000 from Amcore Bank. The SBA made the loan possible by guaranteeing $32,000 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: ORNAMENTAL FLORICULTURE NURSERY PRODUCTS SBA Loan Lender AMCORE BANK This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 0181 - Ornamental Floriculture Nursery Products Loan Approval Date 8/30/2000 Loan Approval Gross Amount $64,000 Loan Approval from the SBA Of the total $64,000 loan amount, the SBA guaranteed $32,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. 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 SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in Rockford, Illinois
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