Chemical Product and Preparation Manufacturing Commercial Loans

With these commercial loans for chemical product and preparation manufacturing, the SBA guarantees the lender that the loan will be repaid. This chemical product and preparation manufacturing loan for $50,000 was given to a Wisconsin entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Horeb, Wisconsin was able to borrow $50,000 from Anchorbank, Fsb. The SBA made the loan possible by guaranteeing $25,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: CHEMICAL PRODUCT AND PREPARATION MANUFACTURING
MOUNT HOREB, WI 53572

SBA Loan Lender

ANCHORBANK, FSB
25 W MAIN ST
MADISON, WI 53703

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

325998 - Chemical Product and Preparation Manufacturing

Loan Approval Date

5/24/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Anchorbank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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