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November 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Appleton, Business Loans > Fox Communities Cu Appleton Business Loans > Nail Salons Loan | ||||
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How to Get SBA Loans in Shawano, Wisconsin
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Commercial Loans for Nail SalonsLooking for commercial loans for nail salons? An SBA loan may be just what you've been looking for. This $70,000 nail salons loan was issued by a Wisconsin bank. This business knew how to go about getting a business bank loan. Based in Shawano, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Fox Communities Cu, based in Appleton, Wisconsin. SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender FOX COMMUNITIES CU This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812113 - Nail Salons Loan Approval Date 3/9/2005 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Fox Communities Cu 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. Related Links: Where to Get an SBA Loan in Appleton, Wisconsin
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