Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Wisconsin

 

 
Loan Census SBA Loan Info

Amery, Wisconsin Bank Lends Money to Canned Fruits, Vegetables, Preserves And Jams Company in Amery, Wisconsin

Get to know Amery, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Bremer Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Amery, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Bremer Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CANNED FRUITS, VEGETABLES, PRESERVES AND JAMS
AMERY, WI 54001

SBA Loan Lender

BREMER BANK
104 W MAPLE ST
AMERY, WI 54001

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2033 - Canned Fruits, Vegetables, Preserves and Jams

NAICS Code

311421 - Fruit and Vegetable Canning

Loan Approval Date

2/11/2003

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 3 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees 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.

We can help you find the best banks for small businesses in Amery 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.

Related Links:

Dealing With Venture Capitalists

Small Bank Loans in Amery, Wisconsin

SBA Lenders in Wisconsin