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

We Needed a Small Business Loan in Stoughton, Wisconsin and We Got One!

 

 
Loan Census SBA Loan Info

Raising Money for Dentists

Looking for business loans for dentists? Try the SBA. This $335,000 dentists loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Stoughton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Evergreen State Bank, based in Stoughton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
STOUGHTON, WI 53589

SBA Loan Lender

EVERGREEN STATE BANK
207 S FORREST ST
STOUGHTON, WI 53589

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

621210 - Dentists

Loan Approval Date

4/25/2005

Loan Approval Gross Amount

$335,000

Loan Approval from the SBA

Of the total $335,000 loan amount, the SBA guaranteed $167,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

Best Banks in Stoughton, Wisconsin

SBA Lenders in Wisconsin