Loan Census Banking News and Information
December 20, 2024  
 
 
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Banks for Reedsburg, Wisconsin Small Business Owners

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Wood Product Manufacturing

Looking for small business loans for wood product manufacturing? Try the SBA. This $382,000 wood product manufacturing loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Reedsburg, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Community Bank Group, based in Reedsburg, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: WOOD PALLETS AND SKIDS
REEDSBURG, WI 53959

SBA Loan Lender

COMMUNITY BANK GROUP
201 MAIN ST
REEDSBURG, WI 53959

This bank 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

2448 - Wood Pallets and Skids

NAICS Code

321999 - Wood Product Manufacturing

Loan Approval Date

6/10/2003

Loan Approval Gross Amount

$382,000

Loan Approval from the SBA

Of the total $382,000 loan amount, the SBA guaranteed $286,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Reedsburg WI, you ought to talk with a local Reedsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Reedsburg businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Small Business Credit Cards

Best Banks in Reedsburg, Wisconsin

SBA Lenders in Wisconsin