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May 12, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Monona, Business Loans > Monona State Bank Monona Business Loans > Residential Care Loan | ||||
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SBA 7A Banks for Sun Prairie, Wisconsin Businesses
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Sun Prairie, Wisconsin Entrepreneur Gets a Bank LoanWisconsinSBA loans are available to Wisconsin entrepreneurs through the SBA. In this case, a Wisconsin bank provides the loan. Getting a small business loan in Sun Prairie, Wisconsin was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Monona State Bank. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: RESIDENTIAL CARE SBA Loan Lender MONONA STATE BANK This 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 8361 - Residential Care NAICS Code 623311 - Continuing Care Retirement Communities Loan Approval Date 2/24/2004 Loan Approval Gross Amount $520,000 Loan Approval from the SBA Of the total $520,000 loan amount, the SBA guaranteed $390,000. 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 20 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to add 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 SBA 7A Banks in Monona, Wisconsin
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