Furniture Stores Commercial Loans

Looking for commercial loans for furniture stores? Try the SBA. This $227,000 furniture stores loan was issued by a Wisconsin bank.

This business knew how to go about getting a business bank loan. Based in Waunakee, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Community Business Bank, based in Sauk City, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
WAUNAKEE, WI 53597

SBA Loan Lender

COMMUNITY BUSINESS BANK
1111 SYCAMORE ST
SAUK CITY, WI 53583

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/31/2002

Loan Approval Gross Amount

$227,000

Loan Approval from the SBA

Of the total $227,000 loan amount, the SBA guaranteed $170,250.

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 only one employee. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

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We've showcased information on this loan to let you know that businesses like yours 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.

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