Entrepreneur Works With La Crosse, Wisconsin Bank to Get an SBA Loan

Want to talk with a La Crosse, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a La Crosse bank, that was approved by the SBA.

Applying for an SBA loan with Coulee Bank worked out well for our friends at one local business in Onalaska, Wisconsin. They got an SBA loan for $50,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
ONALASKA, WI 54650

SBA Loan Lender

COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

The lender provided this bank loan 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.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

12/21/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 10 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Small Business Loan

Small Bank Loans in La Crosse, Wisconsin

Getting a Business Loan in Wisconsin