First National Bank And Trust SBA Loan to Machine Tools, Metal Cutting Types Company

First National Bank And Trust has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Barron, Wisconsin, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was First National Bank And Trust, based in Barron, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: MACHINE TOOLS, METAL CUTTING TYPES
BARRON, WI 54812

SBA Loan Lender

FIRST NATIONAL BANK AND TRUST
436 E LASALLE AVE
BARRON, WI 54812

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3541 - Machine Tools, Metal Cutting Types

NAICS Code

333512 - Machine Tool Manufacturing

Loan Approval Date

4/28/2000

Loan Approval Gross Amount

$77,000

Loan Approval from the SBA

Of the total $77,000 loan amount, the SBA guaranteed $61,600.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Barron WI, you ought to talk with a local Barron SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Barron businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank And Trust 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:

Obtaining Funding - How to Borrow Money

SBA 7A Banks in Barron, Wisconsin

Wisconsin SBA Banks