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December 22, 2024  
 
 
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The Business Bank SBA Loan

 

 
Loan Census SBA Loan Info

SBA Loan from The Business Bank Helps Personal Services Company

An SBA loan from The Business 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 $769,688 loan.

This small firm knew how to go about getting a business bank loan. Based in Oshkosh, Wisconsin, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was The Business Bank, based in Appleton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
OSHKOSH, WI 54901

SBA Loan Lender

THE BUSINESS BANK
5643 WATERFORD LN
APPLETON, WI 54912

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812990 - Personal Services

Loan Approval Date

11/26/2004

Loan Approval Gross Amount

$769,688

Loan Approval from the SBA

Of the total $769,688 loan amount, the SBA guaranteed $577,266.

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 14 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Business Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Role of Business Plan When Raising Money

Banks in Appleton, Wisconsin

Wisconsin SBA 7A Lenders