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May 8, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Neenah, Business Loans > 1st National Bank - Fox Valley Neenah Business Loans > Office And Store Fixtures, Partitions, Shelving Loan | ||||
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Banks for Entrepreneurs in Wisconsin
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Growing Company Gets a Wisconsin SBA LoanWisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Wisconsin bank provides the loan. By giving the right information to 1st National Bank - Fox Valley, this Appleton, Wisconsin business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: OFFICE AND STORE FIXTURES, PARTITIONS, SHELVING SBA Loan Lender 1ST NATIONAL BANK - FOX VALLEY This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2542 - Office and Store Fixtures, Partitions, Shelving NAICS Code 337215 - Showcase, Partition, Shelving, and Locker Manufacturing Loan Approval Date 2/19/2002 Loan Approval Gross Amount $235,000 Loan Approval from the SBA Of the total $235,000 loan amount, the SBA guaranteed $176,250. 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 22 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Appleton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Where to Get an SBA Loan in Neenah, Wisconsin
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