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May 16, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > La Crosse, Business Loans > Altra Fcu La Crosse Business Loans > Convenience Stores Loan | ||||
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Wisconsin SBA Lenders
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Entrepreneur Works With La Crosse, Wisconsin Bank to Get an SBA LoanWant to talk with a La Crosse, Wisconsin bank about an SBA loan? Here's one Minnesota business loan, issued by a La Crosse bank, that was approved by the SBA. Applying for an SBA loan with Altra Fcu worked out well for our friends at one local business in Chisago City, Minnesota. They received an SBA loan for $100,000. Way to go! SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender ALTRA FCU This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445120 - Convenience Stores Loan Approval Date 2/9/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! 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 Chisago City 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in La Crosse, Wisconsin Getting an SBA Loan in Wisconsin
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