Where to Get Capital for General Merchandise Stores
Looking for small business loans for general merchandise stores? An SBA loan may be just what you've been looking for. This $164,800 general merchandise stores loan was issued by a Wisconsin bank.
This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $164,800 to help grow their Madison, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: GENERAL MERCHANDISE STORES
Madison, WI 53711
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
452990 - General Merchandise Stores
Loan Approval Date
12/1/2006
Loan Approval Gross Amount
$164,800
Loan Approval from the SBA
Of the total $164,800 loan amount, the SBA guaranteed $82,400.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Madison or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Art of Bootstrapping
Small Business Banks in Green Bay, Wisconsin
SBA Lenders in Wisconsin