Cottage Grove, Wisconsin Entrepreneur Gets a Bank Loan
Searching for a Wisconsin small business loan? This Wisconsin entrepreneur got a small business loan, provided by a Texas bank that works with the SBA to help small business owners.
By giving the right information to Jpmorgan Chase Bank, this Cottage Grove, Wisconsin business was able to get an SBA loan. To get this loan, the loan applicant 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: VENDING MACHINE OPERATORS
COTTAGE GROVE, WI 53527
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This commercial 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
454210 - Vending Machine Operators
Loan Approval Date
9/28/2004
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $36,000.
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 no employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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