Ripon, Wisconsin Business Gets SBA-Guaranteed Funding from Green Lake State Bank

Green Lake State Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Green Lake State Bank, out of Green Lake, Wisconsin. The loan was granted and they received $1,045,000 to help grow their Ripon, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: NONMETALLIC MINERALS
RIPON, WI 54971

SBA Loan Lender

GREEN LAKE STATE BANK
515 HILL ST
GREEN LAKE, WI 54941

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1499 - Nonmetallic Minerals

NAICS Code

212312 - Crushed and Broken Limestone Mining

Loan Approval Date

10/5/2004

Loan Approval Gross Amount

$1,045,000

Loan Approval from the SBA

Of the total $1,045,000 loan amount, the SBA guaranteed $783,750.

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 10 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Green Lake State Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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SBA 7A Banks in Green Lake, Wisconsin

Wisconsin SBA Banks