River Valley Bank SBA Loan to Landscaping Services Company
An SBA loan from River Valley Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Wausau, Wisconsin business owner got a $150,000 loan.
This small firm knew how to go about getting a business bank loan. Based in Wausau, Wisconsin, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was River Valley Bank, based in Wausau, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
WAUSAU, WI 54401
SBA Loan Lender
RIVER VALLEY BANK
327 N 17TH AVE
WAUSAU, WI 54401
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
6/14/2006
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. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like River Valley 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.
Related Links:
Small Business Credit Cards
SBA Participating Banks in Wausau, Wisconsin
SBA Wisconsin Banks