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May 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Barron, Business Loans > Sterling Bank Barron Business Loans > Sawmills And Planing Mills, General Loan | ||||
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Barron, Wisconsin SBA 7A Banks
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Barron, Wisconsin Bank Gives SBA Loan to Sawmills And Planing Mills, General CompanyFind Barron, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. Sterling Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Chetek, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Sterling Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL SBA Loan Lender STERLING BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2421 - Sawmills and Planing Mills, General Loan Approval Date 6/15/2000 Loan Approval Gross Amount $206,000 Loan Approval from the SBA Of the total $206,000 loan amount, the SBA guaranteed $154,500. 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 15 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $206,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Barron, Wisconsin
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