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May 16, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Used Car Dealers Loan | ||||
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Raising Money in Saukville, Wisconsin With SBA Loans
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Used Car Dealers Commercial LoansLooking for commercial loans for used car dealers? Talk to a banker who works with the SBA. This $15,000 used car dealers loan was issued by a Wisconsin bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saukville, Wisconsin was able to borrow $15,000 from Associated Bank. The SBA made the loan possible by guaranteeing $7,500 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: USED CAR DEALERS SBA Loan Lender ASSOCIATED BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 441120 - Used Car Dealers Loan Approval Date 11/19/2007 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Associated Bank and they will explain how you can get an SBA loan for your company. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks in Green Bay, Wisconsin
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