Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Examples of Tomah SBA Loans

 

 
Loan Census SBA Loan Info

Engineering Services Business Loans

Looking for business loans for engineering services? Talk to a banker who works with the SBA. This $75,000 engineering services loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Farmers & Merchants Bank, out of Tomah, Wisconsin. The loan was granted and they received $75,000 to help grow their Tomah, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: SURVEYING SERVICES
TOMAH, WI 54660

SBA Loan Lender

FARMERS & MERCHANTS BANK
1001 SUPERIOR AVE
TOMAH, WI 54660

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8713 - Surveying Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

1/5/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

VC Firms on Twitter

SBA 7A Lenders in Tomah, Wisconsin

Getting a Business Loan in Wisconsin