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May 16, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Holmen, Business Loans > Park Bank Holmen Business Loans > Eating Places Loan | ||||
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We Needed an SBA Loan in Onalaska, Wisconsin and We Got One!
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Financing for Limited-Service RestaurantsLooking for commercial loans for limited-service restaurants? Talk to a banker who works with the SBA. This $208,000 limited-service restaurants loan was issued by a Wisconsin bank. Getting a small business loan in Onalaska, Wisconsin was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Park Bank, operating out of Holmen, Wisconsin. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender PARK BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/2/2005 Loan Approval Gross Amount $208,000 Loan Approval from the SBA Of the total $208,000 loan amount, the SBA guaranteed $156,000. 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 5 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
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