Raising Money for Vocational Rehabilitation Services

Looking for business loans for vocational rehabilitation services? Try the SBA. This $150,000 vocational rehabilitation services loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $150,000 to help grow their Waukesha, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: JOB TRAINING AND VOCATIONAL REHABILITATION SERVICE
WAUKESHA, WI 53186

SBA Loan Lender

WELLS FARGO BANK
100 E WISCONSIN AVE
MILWAUKEE, WI 53202

The lender provided this commercial 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.

SIC Code

8331 - Job Training and Vocational Rehabilitation Service

NAICS Code

624310 - Vocational Rehabilitation Services

Loan Approval Date

8/4/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 70 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 70 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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