Loans for Dairy Cattle and Milk Production
With these loans for dairy cattle and milk production, the SBA guarantees the lender that the loan will be repaid. This dairy cattle and milk production loan for $300,000 was given to a Wisconsin entrepreneur in 2007.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Citizens Bank, out of East Lansing, Michigan. The loan was granted and they received $300,000 to help grow their Osceola, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: DAIRY CATTLE AND MILK PRODUCTION
OSCEOLA, WI 54020
SBA Loan Lender
CITIZENS BANK
1331 E GRAND RIVER
EAST LANSING, MI 48823
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
112120 - Dairy Cattle and Milk Production
Loan Approval Date
10/11/2007
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Accountant's Role in Securing Financing
Find an SBA Lender in East Lansing, Michigan
Where to Get an SBA Loan Michigan