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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Madison, Business Loans > Anchorbank, Fsb Madison Business Loans > Hotels And Motels Loan | ||||
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SBA Lender Madison, Wisconsin
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Madison, Wisconsin Bank Lends Money to Hotels And Motels Company in Osceola, WisconsinA Madison, Wisconsin business loan can be yours. Learn how one firm got a $1,090,000 business loan from this Wisconsin bank. This loan to a local firm is a good example of an SBA loan. Anchorbank, Fsb made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender ANCHORBANK, FSB This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 6/27/2006 Loan Approval Gross Amount $1,090,000 Loan Approval from the SBA Of the total $1,090,000 loan amount, the SBA guaranteed $817,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the borrowed money would help create 2 new jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Anchorbank, Fsb 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. Related Links: SBA Banks in Madison, Wisconsin Where to Get an SBA Loan Wisconsin
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