Get an SBA Loan for Wood Office Furniture Manufacturing

Looking for loans for wood office furniture manufacturing? An SBA loan may be just what you've been looking for. This $250,000 wood office furniture manufacturing loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Rib Lake, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Anchorbank, Fsb, based in Eau Claire, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING
RIB LAKE, WI 54470

SBA Loan Lender

ANCHORBANK, FSB
3406 OAKWOOD HILLS PKWY, STE
EAU CLAIRE, WI 54701

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337211 - Wood Office Furniture Manufacturing

Loan Approval Date

8/8/2002

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 95 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 95 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Rib Lake WI, you ought to talk with a local Rib Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rib Lake 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 Anchorbank, Fsb 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:

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Find an SBA Lender in Eau Claire, Wisconsin

Wisconsin SBA Bank Lenders