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May 19, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Tomah, Business Loans > Timberwood Bank Tomah Business Loans > Physical Fitness Facilities Loan | ||||
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Wisconsin Bank SBA Loans
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Tomah, Wisconsin Lender Lends Money to Physical Fitness Facilities CompanyThinking about meeting with a Tomah, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Tomah bank, that was approved by the SBA. Applying for an SBA loan with Timberwood Bank worked out well for our friends at one local firm in Black River Falls, Wisconsin. They received an SBA loan for $85,000. Sweet! SBA Loan Borrower COMPANY TYPE: PHYSICAL FITNESS FACILITIES SBA Loan Lender TIMBERWOOD BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7991 - Physical Fitness Facilities NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 4/21/2006 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $72,250. 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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Realistic Debt Financing Options SBA Participating Banks in Tomah, Wisconsin
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