Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

1st National Bank - River Falls Loans

 

 
Loan Census SBA Loan Info

Raising Money for General Freight Trucking, Local

Looking for business loans for general freight trucking, local? An SBA loan may be just what you've been looking for. This $32,400 general freight trucking, local loan was issued by a Wisconsin bank.

This business knew how to go about getting a business bank loan. Based in Beldenville, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was 1st National Bank - River Falls, based in River Falls, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
BELDENVILLE, WI 54003

SBA Loan Lender

1ST NATIONAL BANK - RIVER FALLS
104 E LOCUST ST
RIVER FALLS, WI 54022

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

484110 - General Freight Trucking, Local

Loan Approval Date

11/16/2005

Loan Approval Gross Amount

$32,400

Loan Approval from the SBA

Of the total $32,400 loan amount, the SBA guaranteed $16,200.

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 no employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Beldenville WI, you ought to talk with a local Beldenville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beldenville businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Business Incubators

Best River Falls, Wisconsin Banks for Small Business

Wisconsin SBA Bank Lenders