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May 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Fond Du Lac, Business Loans > Natl Exch Bank & Tr Fond Du Lac Business Loans > Sporting Goods Stores And Bicycle Shops Loan | ||||
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Natl Exch Bank & Tr Fond Du Lac, Wisconsin
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Fond Du Lac, Wisconsin Business Gets SBA-Guaranteed Funding from Natl Exch Bank & TrAn SBA loan from Natl Exch Bank & Tr 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 $261,500 loan. Getting a small business loan in Fond Du Lac, Wisconsin was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Natl Exch Bank & Tr, operating out of Fond Du Lac, Wisconsin. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES AND BICYCLE SHOPS SBA Loan Lender NATL EXCH BANK & TR This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5941 - Sporting Goods Stores and Bicycle Shops NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 3/28/2000 Loan Approval Gross Amount $261,500 Loan Approval from the SBA Of the total $261,500 loan amount, the SBA guaranteed $196,125. 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $261,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: A Company That Helps Entrepreneurs SBA 7A Banks in Fond Du Lac, Wisconsin Where to Get an SBA Loan Wisconsin
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