Business Loan from Wells Fargo Bank Wisconsin Natl Given to Wood Containers Company

An SBA loan from Wells Fargo Bank Wisconsin Natl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Marathon, Wisconsin business owner got a $75,000 loan.

This business knew how to go about getting a business bank loan. Based in Marathon, Wisconsin, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank Wisconsin Natl, based in Milwaukee, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: WOOD CONTAINERS
MARATHON, WI 54448

SBA Loan Lender

WELLS FARGO BANK WISCONSIN NATL
225 E MASON ST, STE 100
MILWAUKEE, WI 54426

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2449 - Wood Containers

NAICS Code

321920 - Wood Container and Pallet Manufacturing

Loan Approval Date

8/7/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

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 only one employee. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Marathon 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.

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