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May 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Madison, Business Loans > First Business Bank Madison Business Loans > Excavation Work Loan | ||||
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First Business Bank Business Loans
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SBA Loans for Excavation ContractorsLooking for SBA loans for excavation contractors? Try the SBA. This $445,000 excavation contractors loan was issued by a Wisconsin bank. This small business knew how to go about getting a business bank loan. Based in Edgerton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Business Bank, based in Madison, Wisconsin. SBA Loan Borrower COMPANY TYPE: EXCAVATION WORK SBA Loan Lender FIRST BUSINESS BANK This loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1794 - Excavation Work NAICS Code 235930 - Excavation Contractors Loan Approval Date 4/5/2002 Loan Approval Gross Amount $445,000 Loan Approval from the SBA Of the total $445,000 loan amount, the SBA guaranteed $333,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents 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! Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $445,000 loan. Remember, if it to be, it is up to me! 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: Microlending as a Small Business Funding Source Best Madison, Wisconsin Banks for Small Business
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