Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Saint Croix Falls, Wisconsin Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Saint Croix Falls, Wisconsin Lender Lends Money to Home Furnishings Stores Company

Find Saint Croix Falls, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Eagle Valley Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Stillwater, Minnesota starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Eagle Valley Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHINGS STORES
STILLWATER, MN 55082

SBA Loan Lender

EAGLE VALLEY BANK
102 N WASHINGTON
SAINT CROIX FALLS, WI 54024

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

4/4/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Eagle Valley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - How to Borrow Money

SBA 7A Banks for Saint Croix Falls, Wisconsin Loans

Getting an SBA Loan in Wisconsin