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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Manitowoc, Business Loans > Investors Community Bank Manitowoc Business Loans > Local Trucking Without Storage Loan | ||||
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Manitowoc Lenders
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Entrepreneur Works With Manitowoc, Wisconsin Bank to Get an SBA LoanGet SBA loans from a Manitowoc, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Investors Community Bank is a Manitowoc, 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 SBA Loan Lender INVESTORS COMMUNITY BANK This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. 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 7/11/2002 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 a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA 7A Banks for Manitowoc, Wisconsin Loans
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