Fidelity National Bank SBA Loan to Retail Nurseries, Lawn And Garden Supply Stores Company

Want a Wisconsin SBA loan? Here's one Wisconsin business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Oakfield, Wisconsin back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Fidelity National Bank, operating out of Appleton, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL NURSERIES, LAWN AND GARDEN SUPPLY STORES
OAKFIELD, WI 53065

SBA Loan Lender

FIDELITY NATIONAL BANK
1500 N CASALOMA DR
APPLETON, WI 54915

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5261 - Retail Nurseries, Lawn and Garden Supply Stores

Loan Approval Date

2/7/2000

Loan Approval Gross Amount

$43,300

Loan Approval from the SBA

Of the total $43,300 loan amount, the SBA guaranteed $34,640.

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 only one employee. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding - Getting Venture Capital

Small Business Banks in Appleton, Wisconsin

SBA Participating Banks in Wisconsin