Small Business Loans for General Merchandise Stores
Looking for small business loans for general merchandise stores? Try the SBA. This $86,500 general merchandise stores loan was issued by a Wisconsin bank.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Community First Cu, out of Appleton, Wisconsin. The loan was granted and they received $86,500 to help grow their Oshkosh, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: GENERAL MERCHANDISE STORES
OSHKOSH, WI 54904
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
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
452990 - General Merchandise Stores
Loan Approval Date
6/24/2004
Loan Approval Gross Amount
$86,500
Loan Approval from the SBA
Of the total $86,500 loan amount, the SBA guaranteed $73,525.
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 5 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Equity Financing
Small Bank Loans in Appleton, Wisconsin
SBA Lenders in Wisconsin