Onalaska, Wisconsin Business Gets SBA-Guaranteed Funding from Coulee Bank

An SBA loan from Coulee Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Onalaska, Wisconsin business owner got a $20,000 loan.

This business knew how to go about getting a business bank loan. Based in Onalaska, Wisconsin, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Coulee Bank, based in La Crosse, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: CATERERS
ONALASKA, WI 54650

SBA Loan Lender

COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722320 - Caterers

Loan Approval Date

1/24/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. This SBA loan request indicated that the borrowed money would help create 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Coulee Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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