Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Wisconsin Small Business Funding

 

 
Loan Census SBA Loan Info

Softwood Veneer and Plywood Manufacturing Loans

With these loans for softwood veneer and plywood manufacturing, the SBA guarantees the lender that the loan will be repaid. This softwood veneer and plywood manufacturing loan for $973,000 was given to a Wisconsin entrepreneur in 2003.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Associated Bank, out of Minneapolis, Minnesota. The loan was granted and they received $973,000 to help grow their Osseo, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: SOFTWOOD VENEER AND PLYWOOD MANUFACTURING
OSSEO, WI 54758

SBA Loan Lender

ASSOCIATED BANK
740 MARQUETTE AVE
MINNEAPOLIS, MN 55402

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

321212 - Softwood Veneer and Plywood Manufacturing

Loan Approval Date

3/31/2003

Loan Approval Gross Amount

$973,000

Loan Approval from the SBA

Of the total $973,000 loan amount, the SBA guaranteed $382,807.

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 89 employees. This SBA loan request indicated that the loan would help retain 89 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Osseo WI, you ought to talk with a local Osseo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Osseo businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Associated 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:

How Equity Dilution Works

Small Bank Loans in Minneapolis, Minnesota

Minnesota SBA 7A Banks