Small Business Loans for Private Mail Centers
Looking for small business loans for private mail centers? An SBA loan may be just what you've been looking for. This $125,000 private mail centers loan was issued by a Wisconsin bank.
Getting a small business loan in Schofield, Wisconsin was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Peoples State Bank, operating out of Wausau, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICES
SCHOFIELD, WI 54476
SBA Loan Lender
PEOPLES STATE BANK
1905 STEWART AVE
WAUSAU, WI 54401
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
7389 - Business Services
NAICS Code
561431 - Private Mail Centers
Loan Approval Date
7/20/2001
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $106,250.
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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Schofield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Art of Bootstrapping
Best Banks in Wausau, Wisconsin
SBA Lenders in Wisconsin