Entrepreneur Works With La Crosse, Wisconsin Bank to Get an SBA Loan

Get to know La Crosse, Wisconsin banks that specialize in business loans and know how to work with entrepreneurs. Altra Fcu is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Tyler, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Altra Fcu. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND THEME PARKS
TYLER, TX 75703

SBA Loan Lender

ALTRA FCU
2715 LOSEY BLVD SOUTH
LA CROSSE, WI 54601

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713110 - Amusement and Theme Parks

Loan Approval Date

4/20/2006

Loan Approval Gross Amount

$595,000

Loan Approval from the SBA

Of the total $595,000 loan amount, the SBA guaranteed $446,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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

SBA 7A Banks for La Crosse, Wisconsin Loans

Wisconsin SBA Bank Lenders