Getting an SBA Loan for Cut Stone and Stone Product Manufacturing
With these business loans for cut stone and stone product manufacturing, the SBA guarantees the lender that the loan will be repaid. This cut stone and stone product manufacturing loan for $15,000 was given to a Wisconsin entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Neenah, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community First Cu, based in Appleton, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING
NEENAH, WI 54956
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
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
327991 - Cut Stone and Stone Product Manufacturing
Loan Approval Date
9/14/2006
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 no employees. The loan application indicated that the funding would help generate 1 new job.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Neenah 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:
Business Line of Credit
SBA Banks in Appleton, Wisconsin
SBA Wisconsin Lenders