Tomah, Wisconsin Lender Lends Money to Drinking Places Company

Thinking about meeting with a Tomah, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Tomah bank, that was approved by the SBA.

Applying for an SBA loan with Acuity Bank worked out well for our friends at one local firm in Tomah, Wisconsin. The business was able to get an SBA loan for $80,000. Great job!

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
TOMAH, WI 54660

SBA Loan Lender

ACUITY BANK
909 SUPERIOR AVE
TOMAH, WI 54660

This lender issued this particular SBA 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

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

3/15/2000

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $64,000.

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 5 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Tomah WI, you ought to talk with a local Tomah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tomah 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 $80,000 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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