Shawano, Wisconsin Business Gets SBA-Guaranteed Funding from Bonduel State Bank
An SBA loan from Bonduel State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Shawano, Wisconsin business owner got a $225,000 loan.
Getting a small business loan in Shawano, Wisconsin was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bonduel State Bank, operating out of Bonduel, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING INDUSTRIES
SHAWANO, WI 54166
SBA Loan Lender
BONDUEL STATE BANK
130 N CECIL ST
BONDUEL, WI 54107
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3999 - Manufacturing Industries
NAICS Code
812112 - Beauty Salons
Loan Approval Date
1/14/2005
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This SBA loan was for $225,000. How would you spend $225,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Business Credit Evaluation
Small Business Banks in Bonduel, Wisconsin
SBA Participating Banks in Wisconsin