Business Loan from Associated Bank Given to Building Finishing Contractors Company

Associated Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Wausau, Wisconsin, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Associated Bank, based in Green Bay, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: BUILDING FINISHING CONTRACTORS
WAUSAU, WI 54403

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

2/24/2003

Loan Approval Gross Amount

$62,800

Loan Approval from the SBA

Of the total $62,800 loan amount, the SBA guaranteed $53,380.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Wausau WI, you ought to talk with a local Wausau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wausau businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Associated Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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