Investors Community Bank SBA Loan to Animal Food Manufacturing Company
Investors Community Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wrightstown, Wisconsin was able to borrow $1,580,000 from Investors Community Bank. The SBA made the loan possible by guaranteeing $1,167,146 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: ANIMAL FOOD MANUFACTURING
WRIGHTSTOWN, WI 54180
SBA Loan Lender
INVESTORS COMMUNITY BANK
860 N RAPIDS RD
MANITOWOC, WI 54220
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311119 - Animal Food Manufacturing
Loan Approval Date
7/3/2007
Loan Approval Gross Amount
$1,580,000
Loan Approval from the SBA
Of the total $1,580,000 loan amount, the SBA guaranteed $1,167,146.
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 25 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 23 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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