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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Appleton, Business Loans > The Business Bank Appleton Business Loans > Personal Services Loan | ||||
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The Business Bank SBA Loan
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SBA Loan from The Business Bank Helps Personal Services CompanyAn SBA loan from The Business Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Oshkosh, Wisconsin business owner got a $769,688 loan. This small firm knew how to go about getting a business bank loan. Based in Oshkosh, Wisconsin, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was The Business Bank, based in Appleton, Wisconsin. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender THE BUSINESS BANK This 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 7299 - Personal Services NAICS Code 812990 - Personal Services Loan Approval Date 11/26/2004 Loan Approval Gross Amount $769,688 Loan Approval from the SBA Of the total $769,688 loan amount, the SBA guaranteed $577,266. 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 loan application did not indicate that the small business promised to use the funding 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Business Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Role of Business Plan When Raising Money
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