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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Neenah, Business Loans > Associated Bank Neenah Business Loans > Hotels And Motels Loan | ||||
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Wisconsin Small Business Funding
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Hotels and Motels Bank LoansLooking for bank loans for hotels and motels? The SBA may be the answer. This $150,000 hotels and motels loan was issued by a Wisconsin bank. This company knew how to go about getting a business bank loan. Based in Reedsburg, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Associated Bank, based in Neenah, Wisconsin. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender ASSOCIATED BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 1/7/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding. 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in Neenah, Wisconsin
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