Get an SBA Loan for Support Activities for Forestry

Looking for loans for support activities for forestry? Try the SBA. This $500,000 support activities for forestry loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Reedsburg, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community Bank Group, based in Reedsburg, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: FOREST NURSERIES AND GATHERING OF FOREST PRODUCTS
REEDSBURG, WI 53959

SBA Loan Lender

COMMUNITY BANK GROUP
201 MAIN ST
REEDSBURG, WI 53959

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0831 - Forest Nurseries and Gathering of Forest Products

NAICS Code

115310 - Support Activities for Forestry

Loan Approval Date

8/25/2006

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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.

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