Green Bay, Wisconsin Bank Lends Money to Sausages And Other Prepared Meat Products Company in Rio, Wisconsin
Get to know Green Bay, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. Associated Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Rio, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Associated Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SAUSAGES AND OTHER PREPARED MEAT PRODUCTS
RIO, WI 53960
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2013 - Sausages and Other Prepared Meat Products
NAICS Code
311612 - Meat Processed from Carcasses
Loan Approval Date
6/21/2001
Loan Approval Gross Amount
$101,900
Loan Approval from the SBA
Of the total $101,900 loan amount, the SBA guaranteed $86,615.
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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
Related Links:
Alternative Financing
SBA Approved Banks in Green Bay, Wisconsin
Wisconsin SBA Banks