Hager City, Wisconsin Bank Gives SBA Loan to Local Trucking Without Storage Company

Get SBA loans from a Hager City, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Hiawatha National Bank is a Hager City, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
BAY CITY, WI 54723

SBA Loan Lender

HIAWATHA NATIONAL BANK
N1555 770TH ST & HWY 35
HAGER CITY, WI 54014

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4212 - Local Trucking Without Storage

NAICS Code

484110 - General Freight Trucking, Local

Loan Approval Date

5/21/2002

Loan Approval Gross Amount

$76,159

Loan Approval from the SBA

Of the total $76,159 loan amount, the SBA guaranteed $64,735.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hiawatha National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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