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November 15, 2024  
 
 
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Getting an SBA 7A Loan in Sussex, Wisconsin

 

 
Loan Census SBA Loan Info

First National Bank - Hartford Gives Bank Loan to Floor Laying And Other Floor Work Company

WisconsinBusiness loans are available to Wisconsin business owners through the SBA. In this case, a Wisconsin bank provides the loan.

Getting a small business loan in Sussex, Wisconsin was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Hartford. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK
SUSSEX, WI 53089

SBA Loan Lender

FIRST NATIONAL BANK - HARTFORD
116 W SUMNER ST
HARTFORD, WI 53027

This lender issued this particular SBA bank 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.

SIC Code

1752 - Floor Laying and Other Floor Work

NAICS Code

235520 - Floor Laying and Floor Contractors

Loan Approval Date

5/30/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,000.

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 only one employee. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

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 way to raise money

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank - Hartford 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.

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