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May 17, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Chippewa Falls, Business Loans > The Northwestern Bank Chippewa Falls Business Loans > Plumbing, Heating, And Air-Conditioning Loan | ||||
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SBA Lender Chippewa Falls, Wisconsin
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Chippewa Falls, Wisconsin Lender Lends Money to Plumbing, Heating, And Air-Conditioning CompanyA Chippewa Falls, Wisconsin SBA loan can be yours. Learn how a business got a $150,000 business loan from this Wisconsin bank. This loan to an entrepreneur is a good example of an SBA loan. The Northwestern Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING SBA Loan Lender THE NORTHWESTERN BANK 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 1711 - Plumbing, Heating, and Air-Conditioning NAICS Code 235110 - Plumbing, Heating, and Air Conditioning Contractors Loan Approval Date 5/21/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 5 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you want money for new small business in Bloomer WI, you ought to talk with a local Bloomer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bloomer businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Northwestern Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks in Chippewa Falls, Wisconsin
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