How to Get a Loan for Septic Tank and Related Services

With these commercial loans for septic tank and related services, the SBA guarantees the lender that the loan will be repaid. This septic tank and related services loan for $54,000 was given to a Wisconsin entrepreneur in 2001.

Getting a small business loan in Scandinavia, Wisconsin was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Farmers St. Bank - Waupaca, operating out of Waupaca, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
SCANDINAVIA, WI 54977

SBA Loan Lender

FARMERS ST. BANK - WAUPACA
112 W FULTON ST
WAUPACA, WI 54981

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7699 - Repair Shops and Related Services

NAICS Code

562991 - Septic Tank and Related Services

Loan Approval Date

3/13/2001

Loan Approval Gross Amount

$54,000

Loan Approval from the SBA

Of the total $54,000 loan amount, the SBA guaranteed $45,900.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Farmers St. Bank - Waupaca 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:

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Small Business Banks in Waupaca, Wisconsin

SBA Lenders in Wisconsin