Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Wausau, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Small Business Loans for Dental Equipment and Supplies Manufacturing

With these small business loans for dental equipment and supplies manufacturing, the SBA guarantees the lender that the loan will be repaid. This dental equipment and supplies manufacturing loan for $125,000 was given to a Wisconsin entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wausau, Wisconsin was able to borrow $125,000 from Peoples State Bank. The SBA made the loan possible by guaranteeing $93,750 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTAL EQUIPMENT AND SUPPLIES
WAUSAU, WI 54401

SBA Loan Lender

PEOPLES STATE BANK
1905 STEWART AVE
WAUSAU, WI 54401

This lender issued this particular SBA small business loan 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

3843 - Dental Equipment and Supplies

NAICS Code

339114 - Dental Equipment and Supplies Manufacturing

Loan Approval Date

3/14/2000

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Peoples State Bank and they will explain how you can get an SBA loan for your company.

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:

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