Farmers St. Bank - Waupaca SBA Loan to Gasoline Service Stations Company

Looking to get a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Wautoma, Wisconsin, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Farmers St. Bank - Waupaca, based in Waupaca, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
WAUTOMA, WI 54982

SBA Loan Lender

FARMERS ST. BANK - WAUPACA
112 W FULTON ST
WAUPACA, WI 54981

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

5541 - Gasoline Service Stations

Loan Approval Date

5/9/2000

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

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 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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