Borrowing Money for Residential Remodelers

With these loans for residential remodelers, the SBA guarantees the lender that the loan will be repaid. This residential remodelers loan for $65,144 was given to a Wisconsin entrepreneur in 2004.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Wisconsin Community Bank, out of Madison, Wisconsin. The loan was granted and they received $65,144 to help grow their Sun Prairie, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
SUN PRAIRIE, WI 53590

SBA Loan Lender

WISCONSIN COMMUNITY BANK
8240 MINERAL POINT RD
MADISON, WI 53719

This commercial loan 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

236118 - Residential Remodelers

Loan Approval Date

10/13/2004

Loan Approval Gross Amount

$65,144

Loan Approval from the SBA

Of the total $65,144 loan amount, the SBA guaranteed $32,572.

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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $65,144 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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