Loans for Paint and Wallpaper Stores
Looking for loans for paint and wallpaper stores? Talk to a banker who works with the SBA. This $115,000 paint and wallpaper stores loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waterford, Wisconsin was able to borrow $115,000 from Community State Bank. The SBA made the loan possible by guaranteeing $86,250 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: PAINT, GLASS, AND WALLPAPER STORES
WATERFORD, WI 53185
SBA Loan Lender
COMMUNITY STATE BANK
1500 MAIN ST
UNION GROVE, WI 53182
This lender issued this particular loan for a small business 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
5231 - Paint, Glass, and Wallpaper Stores
NAICS Code
444120 - Paint and Wallpaper Stores
Loan Approval Date
10/23/2000
Loan Approval Gross Amount
$115,000
Loan Approval from the SBA
Of the total $115,000 loan amount, the SBA guaranteed $86,250.
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 8 employees. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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