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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Appleton, Business Loans > Amer National Bank-Fox Cities Appleton Business Loans > Drinking Places Loan | ||||
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Amer National Bank-Fox Cities
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Kaukauna, Wisconsin Business Gets SBA-Guaranteed Funding from Amer National Bank-Fox CitiesAmer National Bank-Fox Cities is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans. This growing company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Amer National Bank-Fox Cities, out of Appleton, Wisconsin. The loan was granted and they received $231,500 to help grow their Kaukauna, Wisconsin business. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender AMER NATIONAL BANK-FOX CITIES This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5813 - Drinking Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/26/2005 Loan Approval Gross Amount $231,500 Loan Approval from the SBA Of the total $231,500 loan amount, the SBA guaranteed $173,625. 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 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Amer National Bank-Fox Cities and they will explain how you can get an SBA loan for your company. 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 Banks in Appleton, Wisconsin Getting an SBA Loan in Wisconsin
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