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November 23, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Marshfield, Business Loans > Marshfield Savings Bank Marshfield Business Loans > Logging Loan | ||||
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What Does It Take to Get a Business Loan in Owen, Wisconsin?
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Logging LoansWith these loans for logging, the SBA guarantees the lender that the loan will be repaid. This logging loan for $400,000 was given to a Wisconsin entrepreneur in 2007. This small firm knew how to go about getting a business bank loan. Based in Owen, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Marshfield Savings Bank, based in Marshfield, Wisconsin. SBA Loan Borrower COMPANY TYPE: LOGGING SBA Loan Lender MARSHFIELD SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 113310 - Logging Loan Approval Date 6/25/2007 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Marshfield Savings Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Raising VC Money for Social Networking Companies Small Business Banks in Marshfield, Wisconsin
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