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May 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Eau Claire, Business Loans > Anchorbank, Fsb Eau Claire Business Loans > Robes And Dressing Gowns Loan | ||||
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Wisconsin Small Business SBA Loans
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Wisconsin Bank Loan Issued to Robes And Dressing Gowns CompanyWisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Wisconsin bank provides the loan. This business, based in Eau Claire, Wisconsin, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Anchorbank, Fsb. We've got the inside scoop on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: ROBES AND DRESSING GOWNS SBA Loan Lender ANCHORBANK, FSB This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2384 - Robes and Dressing Gowns NAICS Code 315212 - Women's, Girls', and Infants' Cut and Sew Apparel Contractors Loan Approval Date 12/21/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. 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 7 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding - How to Borrow Money Find an SBA Lender in Eau Claire, Wisconsin Browse All Business Loan Sources for Wisconsin
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