 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Racine, Business Loans > Johnson Bank Racine Business Loans > Machine Shops Loan | ||||
 |
||||
SBA Lenders in Wisconsin
|
||||
 |
Johnson Bank SBA Loan to Machine Shops CompanyAn SBA loan from Johnson Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Janesville, Wisconsin business owner got a $35,000 loan. This business knew how to go about getting a business bank loan. Based in Janesville, Wisconsin, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Johnson Bank, based in Racine, Wisconsin. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender JOHNSON BANK This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 332710 - Machine Shops Loan Approval Date 9/24/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 no employees. The loan application indicated that the loan would help create 1 new job. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Johnson 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: Best Banks for Small Business in Racine, Wisconsin
|
|
||
|
||||
|
|
||||