Coulee Bank Gives Bank Loan to Commercial Screen Printing Company
WisconsinSBA loans are available to Wisconsin entrepreneurs through the SBA. In this case, a Wisconsin bank provides the loan.
Getting a small business loan in West Salem, Wisconsin was a top priority for this particular business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Coulee Bank. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL SCREEN PRINTING
WEST SALEM, WI 54669
SBA Loan Lender
COULEE BANK
1516 LOSEY BLVD SOUTH
LA CROSSE, WI 54601
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
8/8/2005
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 17 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 19 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in West Salem or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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