Green Bay, Wisconsin Lender Lends Money to Specialty Trade Contractors Company
Thinking about meeting with a Green Bay, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Green Bay bank, that was approved by the SBA.
Applying for an SBA loan with Associated Bank worked out well for our friends at one local firm in Madison, Wisconsin. They received an SBA loan for $50,900. Sweet!
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
Madison, WI 53714
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This lender processed this commercial 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
238990 - Specialty Trade Contractors
Loan Approval Date
11/6/2007
Loan Approval Gross Amount
$50,900
Loan Approval from the SBA
Of the total $50,900 loan amount, the SBA guaranteed $25,450.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. 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 loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Associated Bank 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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