How to Get a Loan for Claims Adjusting

With these SBA loans for claims adjusting, the SBA guarantees the lender that the loan will be repaid. This claims adjusting loan for $68,340 was given to a Wisconsin entrepreneur in 2002.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Coulee Bank, out of La Crosse, Wisconsin. The loan was granted and they received $68,340 to help grow their Onalaska, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENTS AND BROKERS
ONALASKA, WI 54601

SBA Loan Lender

COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6411 - Insurance Agents and Brokers

NAICS Code

524291 - Claims Adjusting

Loan Approval Date

5/1/2002

Loan Approval Gross Amount

$68,340

Loan Approval from the SBA

Of the total $68,340 loan amount, the SBA guaranteed $58,089.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Onalaska WI, you ought to talk with a local Onalaska SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Onalaska businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Microlending as a Small Business Funding Source

Banks in La Crosse, Wisconsin

Wisconsin SBA 7A Lenders