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May 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Fitchburg, Business Loans > Oak Bank Fitchburg Business Loans > Textile Product Mills Loan | ||||
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How Do We Get a Business Loan in Middleton, Wisconsin?
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Where to Get Capital for Textile Product MillsLooking for small business loans for textile product mills? Try the SBA. This $150,000 textile product mills loan was issued by a Wisconsin bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Oak Bank, out of Fitchburg, Wisconsin. The loan was granted and they received $150,000 to help grow their Middleton, Wisconsin business. SBA Loan Borrower COMPANY TYPE: TEXTILE PRODUCT MILLS SBA Loan Lender OAK BANK This lender issued this particular SBA bank 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. NAICS Code 314999 - Textile Product Mills Loan Approval Date 11/8/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Raising VC Money for Social Networking Companies Small Bank Loans in Fitchburg, Wisconsin
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