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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > La Crosse, Business Loans > Park Bank La Crosse Business Loans > Landscaping Services Loan | ||||
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Raising Money in Onalaska, Wisconsin With SBA Loans
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Growing Company Gets a Wisconsin Small Business LoanWisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Wisconsin bank provides the loan. Getting a small business loan in Onalaska, Wisconsin was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Park Bank. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender PARK BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 9/22/2005 Loan Approval Gross Amount $41,500 Loan Approval from the SBA Of the total $41,500 loan amount, the SBA guaranteed $35,275. 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 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: The Friends and Family Network Best La Crosse, Wisconsin Banks for Small Business
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