Car Washes Loans

Looking for loans for car washes? Try the SBA. This $205,000 car washes loan was issued by a Wisconsin bank.

This small firm knew how to go about getting a business bank loan. Based in Wisconsin Rapids, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Woodtrust Bank, based in Wisconsin Rapids, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
WISCONSIN RAPIDS, WI 54494

SBA Loan Lender

WOODTRUST BANK
181 2ND ST SOUTH
WISCONSIN RAPIDS, WI 54495

This lender issued this loan under the SBA's 7A loan, 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.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

1/13/2006

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

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

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Wisconsin Rapids WI, you ought to talk with a local Wisconsin Rapids SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wisconsin Rapids businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $205,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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