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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Manitowoc, Business Loans > Bank First National Manitowoc Business Loans > Specialized Local Freight Trucking Loan | ||||
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Banks in Manitowoc, Wisconsin That Make SBA Loans
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Manitowoc, Wisconsin Bank Lends Money to Specialized Local Freight Trucking Company in Manitowoc, WisconsinA Manitowoc, Wisconsin SBA loan can be yours. Learn how a business got a $178,100 business loan from this Wisconsin bank. This loan to an entrepreneur is a good example of an SBA loan. Bank First National made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING SBA Loan Lender BANK FIRST NATIONAL Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 484220 - Specialized Local Freight Trucking Loan Approval Date 3/12/2007 Loan Approval Gross Amount $178,100 Loan Approval from the SBA Of the total $178,100 loan amount, the SBA guaranteed $133,575. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in Manitowoc, Wisconsin Browse All Business Loan Sources for Wisconsin
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