Appleton, Wisconsin Lender Lends Money to General Long-Distance Freight Trucking Company
Thinking about meeting with an Appleton, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by an Appleton bank, that was approved by the SBA.
Applying for an SBA loan with Community First Cu worked out well for our friends at one local firm in Omro, Wisconsin. They received an SBA loan for $56,000. Nice!
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
OMRO, WI 54963
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
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
484121 - General Long-Distance Freight Trucking
Loan Approval Date
9/12/2006
Loan Approval Gross Amount
$56,000
Loan Approval from the SBA
Of the total $56,000 loan amount, the SBA guaranteed $28,000.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $56,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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