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May 11, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Monona, Business Loans > Monona State Bank Monona Business Loans > Services Allied With The Exchange Of Securities Loan | ||||
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How to Get a Small Business Loan in Monona, Wisconsin
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Local Business Gets a Wisconsin Bank LoanSearching for a Wisconsin business loan? This Wisconsin entrepreneur got a business loan, provided by a Wisconsin bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Monona, Wisconsin by studying this loan to a local business, made back in 2006. Banks like Monona State Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES ALLIED WITH THE EXCHANGE OF SECURITIES SBA Loan Lender MONONA STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6289 - Services Allied With the Exchange of Securities NAICS Code 541219 - Accounting Services Loan Approval Date 12/1/2006 Loan Approval Gross Amount $424,000 Loan Approval from the SBA Of the total $424,000 loan amount, the SBA guaranteed $318,000. 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 14 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds 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. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Monona, Wisconsin Banks for Small Business Browse All Business Loan Sources for Wisconsin
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