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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Tomah, Business Loans > Timberwood Bank Tomah Business Loans > Nursing And Personal Care Facilities, N.E.C Loan | ||||
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Wisconsin Bank SBA Loans
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Tomah, Wisconsin Lender Lends Money to Nursing And Personal Care Facilities, N.E.C CompanyGet to know Tomah, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Timberwood Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Warrens, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Timberwood Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C SBA Loan Lender TIMBERWOOD BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8059 - Nursing and Personal Care Facilities, N.E.C NAICS Code 623110 - Nursing Care Facilities Loan Approval Date 8/24/2005 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 10 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Timberwood Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Banks in Tomah, Wisconsin
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