Associated Bank SBA Loan to Sausages And Other Prepared Meat Products Company
Want a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Associated Bank, out of Beaver Dam, Wisconsin. The loan was granted and they received $51,700 to help grow their Rio, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: SAUSAGES AND OTHER PREPARED MEAT PRODUCTS
RIO, WI 53960
SBA Loan Lender
ASSOCIATED BANK
201 PARK AVE
BEAVER DAM, WI 53916
This lender issued this particular bank 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
2013 - Sausages and Other Prepared Meat Products
Loan Approval Date
7/18/2000
Loan Approval Gross Amount
$51,700
Loan Approval from the SBA
Of the total $51,700 loan amount, the SBA guaranteed $41,360.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Rio or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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