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May 16, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Madison, Business Loans > Anchorbank, Fsb Madison Business Loans > Meat Markets Loan | ||||
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Business Loans for Amery Business Owners
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Small Business Loans for Meat MarketsLooking for small business loans for meat markets? Talk to a banker who works with the SBA. This $130,500 meat markets loan was issued by a Wisconsin bank. This small firm knew how to go about getting a business bank loan. Based in Amery, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Anchorbank, Fsb, based in Madison, Wisconsin. SBA Loan Borrower COMPANY TYPE: MEAT MARKETS SBA Loan Lender ANCHORBANK, FSB 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. NAICS Code 445210 - Meat Markets Loan Approval Date 8/18/2005 Loan Approval Gross Amount $130,500 Loan Approval from the SBA Of the total $130,500 loan amount, the SBA guaranteed $110,925. 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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Who Lends Money to Small Businesses in Madison, Wisconsin Find an SBA Lender in Wisconsin
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