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May 13, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Minneapolis, Business Loans > Associated Bank Minneapolis Business Loans > Dry, Condensed, And Evaporated Dairy Product Manufacturing Loan | ||||
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How to Get SBA Loans in Durand, Wisconsin
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Bank Loans for Dry, Condensed, and Evaporated Dairy Product ManufacturingLooking for bank loans for dry, condensed, and evaporated dairy product manufacturing? Talk to a banker who works with the SBA. This $250,000 dry, condensed, and evaporated dairy product manufacturing loan was issued by a Minnesota bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Associated Bank, out of Minneapolis, Minnesota. The loan was granted and they received $250,000 to help grow their Durand, Wisconsin business. SBA Loan Borrower COMPANY TYPE: DRY, CONDENSED, AND EVAPORATED DAIRY PRODUCT MANUFACTURING SBA Loan Lender ASSOCIATED BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 311514 - Dry, Condensed, and Evaporated Dairy Product Manufacturing Loan Approval Date 8/28/2003 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. 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 19 employees. The SBA loan application for the borrower indicated that the loan would help retain 19 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Associated Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Associated Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Minneapolis, Minnesota Loans
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