Wausau, Wisconsin Lender Lends Money to Motor Vehicle Dealers Company

Want to talk with a Wausau, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Wausau bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of Wausau worked out well for our friends at one local firm in Wausau, Wisconsin. They got an SBA loan for $48,825. Great job!

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE DEALERS
WAUSAU, WI 54401

SBA Loan Lender

BANK OF WAUSAU
2010 STEWART AVE
WAUSAU, WI 54401

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441229 - Motor Vehicle Dealers

Loan Approval Date

1/16/2008

Loan Approval Gross Amount

$48,825

Loan Approval from the SBA

Of the total $48,825 loan amount, the SBA guaranteed $41,501.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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