Bank Loans for Durable Goods Wholesalers
Looking for bank loans for durable goods wholesalers? Talk to a banker who works with the SBA. This $70,000 durable goods wholesalers loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oshkosh, Wisconsin was able to borrow $70,000 from Associated Bank. The SBA made the loan possible by guaranteeing $35,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: DURABLE GOODS WHOLESALERS
OSHKOSH, WI 54901
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
421990 - Durable Goods Wholesalers
Loan Approval Date
6/7/2001
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $35,000.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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.
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