Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Business Loans for Janesville Entrepreneurs

 

 
Loan Census SBA Loan Info

Activities Related to Real Estate Loans

Looking for loans for activities related to real estate? The SBA may be the answer. This $417,800 activities related to real estate loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Johnson Bank, out of Janesville, Wisconsin. The loan was granted and they received $417,800 to help grow their Janesville, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: OFFICES OF HOLDING COMPANIES, N.E.C
JANESVILLE, WI 53545

SBA Loan Lender

JOHNSON BANK
1 S MAIN ST
JANESVILLE, WI 53545

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6719 - Offices of Holding Companies, N.E.C

NAICS Code

531390 - Activities Related to Real Estate

Loan Approval Date

10/17/2002

Loan Approval Gross Amount

$417,800

Loan Approval from the SBA

Of the total $417,800 loan amount, the SBA guaranteed $313,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $417,800 loan. Remember, things become real when you believe you can achieve them!

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

SBA 7A Banks in Janesville, Wisconsin

Where to Get an SBA Loan Wisconsin