Racine, Wisconsin Bank Lends Money to Physical, Occupational And Speech Therapists, And Audiologists Company in Sturtevant, Wisconsin
Find Racine, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. Johnson Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Sturtevant, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Johnson Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
STURTEVANT, WI 53177
SBA Loan Lender
JOHNSON BANK
555 MAIN ST
RACINE, WI 53403
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
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
12/1/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Sturtevant WI, you ought to talk with a local Sturtevant SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sturtevant businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Johnson Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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