SBA Loans for Confectionery Manufacturing from Purchased Chocolate
Looking for SBA loans for confectionery manufacturing from purchased chocolate? Talk to a banker who works with the SBA. This $35,000 confectionery manufacturing from purchased chocolate loan was issued by a Wisconsin bank.
This small business knew how to go about getting a business bank loan. Based in Wausau, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Associated Bank, based in Green Bay, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: CONFECTIONERY MANUFACTURING FROM PURCHASED CHOCOLATE
Wausau, WI 54403
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311330 - Confectionery Manufacturing from Purchased Chocolate
Loan Approval Date
9/29/2005
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need business start up money in Wausau WI, you ought to talk with a local Wausau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wausau businesses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Associated Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
Related Links:
Small Business Credit Cards
Best Green Bay, Wisconsin Banks for Small Business
SBA Wisconsin Banks