Associated Bank SBA Loan to Carwashes Company
An SBA loan from Associated Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Oshkosh, Wisconsin business owner got a $425,000 loan.
Getting a small business loan in Oshkosh, Wisconsin was an essential business goal for this firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Associated Bank, operating out of Neenah, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: CARWASHES
OSHKOSH, WI 54901
SBA Loan Lender
ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7542 - Carwashes
NAICS Code
811192 - Car Washes
Loan Approval Date
7/26/2000
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
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 2 employees. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $425,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Banking Deregulation's Effects on Entrepreneurship
SBA Approved Banks in Neenah, Wisconsin
Wisconsin SBA 7A Lenders