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May 11, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Portage, Business Loans > Amcore Bank Portage Business Loans > Amusement And Recreation Services Loan | ||||
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Wisconsin Bank SBA Loans
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Amcore Bank SBA Loan to Amusement And Recreation Services CompanyLooking to get a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Harshaw, Wisconsin was able to borrow $425,000 from Amcore Bank. The SBA made the loan possible by guaranteeing $318,750 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES SBA Loan Lender AMCORE BANK This SBA small business loan 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 7999 - Amusement and Recreation Services Loan Approval Date 2/22/2000 Loan Approval Gross Amount $425,000 Loan Approval from the SBA Of the total $425,000 loan amount, the SBA guaranteed $318,750. 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 only one employee. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amcore Bank 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. Related Links: A Company That Helps Entrepreneurs Good Banks for Small Business in Portage, Wisconsin
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