Get an SBA Loan for Appliance Repair and Maintenance
Looking for small business loans for appliance repair and maintenance? An SBA loan may be just what you've been looking for. This $26,000 appliance repair and maintenance loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Neenah, Wisconsin was able to borrow $26,000 from Associated Bank. The SBA made the loan possible by guaranteeing $13,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
NEENAH, WI 54957
SBA Loan Lender
ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
7699 - Repair Shops and Related Services
NAICS Code
811412 - Appliance Repair and Maintenance
Loan Approval Date
9/1/2000
Loan Approval Gross Amount
$26,000
Loan Approval from the SBA
Of the total $26,000 loan amount, the SBA guaranteed $13,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.
Getting an SBA Loan For Your 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.
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.
Related Links:
Advice on Getting a Small Business Loan
Where to Get an SBA Loan in Neenah, Wisconsin
Wisconsin SBA 7A Lenders