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May 11, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Monona, Business Loans > Monona State Bank Monona Business Loans > Child Day Care Services Loan | ||||
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Wisconsin SBA 7A Lenders
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Entrepreneur Works With Monona, Wisconsin Bank to Get an SBA LoanFind Monona, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Monona State Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Verona, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Monona State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender MONONA STATE BANK This SBA 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. NAICS Code 624410 - Child Day Care Services Loan Approval Date 11/1/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 20 employees. The loan application indicated that the borrowed money would help create 20 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Verona or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks for Monona, Wisconsin Loans
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