Green Bay, Wisconsin Bank Gives SBA Loan to Individual And Family Services Company
Thinking about meeting with a Green Bay, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Green Bay bank, that was approved by the SBA.
Applying for an SBA loan with Associated Bank worked out well for our friends at one local firm in Stoughton, Wisconsin. They got an SBA loan for $107,400. Sweet!
SBA Loan Borrower
COMPANY TYPE: INDIVIDUAL AND FAMILY SERVICES
Stoughton, WI 53589
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
624190 - Individual and Family Services
Loan Approval Date
3/10/2006
Loan Approval Gross Amount
$107,400
Loan Approval from the SBA
Of the total $107,400 loan amount, the SBA guaranteed $53,700.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help 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 $107,400 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.
Related Links:
Alternative Financing
Small Business Banks in Green Bay, Wisconsin
Find an SBA Lender in Wisconsin