Business Loan from 1st National Bank - Fox Valley Given to Finish Carpentry Contractors Company

An SBA loan from 1st National Bank - Fox Valley typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fond Du Lac, Wisconsin business owner got a $119,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with 1st National Bank - Fox Valley, out of Oshkosh, Wisconsin. The loan was granted and they received $119,000 to help grow their Fond Du Lac, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
FOND DU LAC, WI 54937

SBA Loan Lender

1ST NATIONAL BANK - FOX VALLEY
400 N KOELLER ST
OSHKOSH, WI 54904

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238350 - Finish Carpentry Contractors

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$119,000

Loan Approval from the SBA

Of the total $119,000 loan amount, the SBA guaranteed $101,150.

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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like 1st National Bank - Fox Valley are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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