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May 12, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Elroy, Business Loans > Royal Bank Elroy Business Loans > Business Associations Loan | ||||
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SBA Lender Elroy, Wisconsin
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Entrepreneur Works With Elroy, Wisconsin Bank to Get an SBA LoanGet SBA loans from an Elroy, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Royal Bank is a Elroy, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company. SBA Loan Borrower COMPANY TYPE: BUSINESS ASSOCIATIONS SBA Loan Lender ROYAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8611 - Business Associations NAICS Code 813910 - Business Associations Loan Approval Date 2/8/2001 Loan Approval Gross Amount $7,500 Loan Approval from the SBA Of the total $7,500 loan amount, the SBA guaranteed $6,375. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $7,500. How would you spend $7,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Elroy, Wisconsin
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