General Freight Trucking, Local Business Loans

Looking for business loans for general freight trucking, local? An SBA loan may be just what you've been looking for. This $145,000 general freight trucking, local loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Johnson Bank, out of Green Bay, Wisconsin. The loan was granted and they received $145,000 to help grow their Oconto, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITH STORAGE
OCONTO, WI 54153

SBA Loan Lender

JOHNSON BANK
455 RIVERDALE DR
GREEN BAY, WI 54313

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4214 - Local Trucking With Storage

NAICS Code

484110 - General Freight Trucking, Local

Loan Approval Date

6/27/2001

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Oconto WI, you ought to talk with a local Oconto SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oconto businesses.

This SBA loan was for $145,000. How would you spend $145,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Small Bank Loans in Green Bay, Wisconsin

Wisconsin SBA Bank Lenders