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May 8, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Neenah, Business Loans > 1st National Bank - Fox Valley Neenah Business Loans > Durable Goods Loan | ||||
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Greenville, Wisconsin Bank Loan
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Get an SBA Loan for Nondurable Goods Merchant WholesalersLooking for loans for nondurable goods merchant wholesalers? An SBA loan may be just what you've been looking for. This $300,000 nondurable goods merchant wholesalers loan was issued by a Wisconsin bank. This company knew how to go about getting a business bank loan. Based in Greenville, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was 1st National Bank - Fox Valley, based in Neenah, Wisconsin. SBA Loan Borrower COMPANY TYPE: DURABLE GOODS SBA Loan Lender 1ST NATIONAL BANK - FOX VALLEY This bank loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5099 - Durable Goods NAICS Code 424990 - Nondurable Goods Merchant Wholesalers Loan Approval Date 3/15/2005 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 3 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 $300,000 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: Obtaining Funding From a Venture Capitalist Where to Get an SBA Loan in Neenah, Wisconsin Find an SBA Lender in Wisconsin
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