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November 24, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Tomahawk, Business Loans > Tomahawk Commun Bank S.S.B. Tomahawk Business Loans > Eating Places Loan | ||||
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SBA Lenders in Rhinelander, Wisconsin
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Rhinelander, Wisconsin Business Gets SBA-Guaranteed Funding from Tomahawk Commun Bank S.S.B.Tomahawk Commun Bank S.S.B. has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them. Getting a small business loan in Rhinelander, Wisconsin was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Tomahawk Commun Bank S.S.B., operating out of Tomahawk, Wisconsin. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender TOMAHAWK COMMUN BANK S.S.B. 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. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/2/2002 Loan Approval Gross Amount $148,600 Loan Approval from the SBA Of the total $148,600 loan amount, the SBA guaranteed $126,310. 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 3 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Tomahawk Commun Bank S.S.B. and they will explain how you can get an SBA loan for your company. 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: Best Tomahawk, Wisconsin Banks for Small Business
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