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May 17, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Wisconsin Rapids, Business Loans > River Cities Bank Wisconsin Rapids Business Loans > Repair Shops And Related Services Loan | ||||
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Wisconsin Rapids, Wisconsin Bank for SBA Loans
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Financing for Septic Tank and Related ServicesLooking for loans for septic tank and related services? An SBA loan may be just what you've been looking for. This $41,250 septic tank and related services loan was issued by a Wisconsin bank. This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with River Cities Bank, out of Wisconsin Rapids, Wisconsin. The loan was granted and they received $41,250 to help grow their Wisconsin Rapids, Wisconsin business. SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender RIVER CITIES BANK This lender issued this particular 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 7699 - Repair Shops and Related Services NAICS Code 562991 - Septic Tank and Related Services Loan Approval Date 5/8/2002 Loan Approval Gross Amount $41,250 Loan Approval from the SBA Of the total $41,250 loan amount, the SBA guaranteed $35,062. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like River Cities Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Banks in Wisconsin Rapids, Wisconsin
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