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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Mobile Food Services Loan | ||||
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Wisconsin Small Business Funding
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Getting an SBA Loan for Mobile Food ServicesLooking for business loans for mobile food services? Talk to a banker who works with the SBA. This $16,200 mobile food services loan was issued by a Wisconsin bank. This small business 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 $16,200 to help grow their Madison, Wisconsin business. SBA Loan Borrower COMPANY TYPE: MOBILE FOOD SERVICES SBA Loan Lender ASSOCIATED BANK This lender processed this SBA 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. NAICS Code 722330 - Mobile Food Services Loan Approval Date 4/17/2006 Loan Approval Gross Amount $16,200 Loan Approval from the SBA Of the total $16,200 loan amount, the SBA guaranteed $8,100. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Associated Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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:
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