Business Loans for Vending Machine Operators

Looking for business loans for vending machine operators? An SBA loan may be just what you've been looking for. This $86,600 vending machine operators loan was issued by a Wisconsin bank.

This business knew how to go about getting a business bank loan. Based in Hudson, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Associated Bank, based in Green Bay, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: VENDING MACHINE OPERATORS
Hudson, WI 54016

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

This SBA 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

10/31/2005

Loan Approval Gross Amount

$86,600

Loan Approval from the SBA

Of the total $86,600 loan amount, the SBA guaranteed $43,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.

Next Steps for Getting an SBA Loan

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 Hudson 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:

Small Business Loan

Small Business Banks in Green Bay, Wisconsin

Wisconsin SBA Bank Lenders