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May 13, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Fitchburg, Business Loans > Oak Bank Fitchburg Business Loans > Personal Care Services Loan | ||||
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We Needed a Small Business Loan in Verona, Wisconsin and We Got One!
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Raising Money for Personal Care ServicesLooking for business loans for personal care services? Talk to a banker who works with the SBA. This $54,000 personal care services loan was issued by a Wisconsin bank. This business knew how to go about getting a business bank loan. Based in Verona, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Oak Bank, based in Fitchburg, Wisconsin. SBA Loan Borrower COMPANY TYPE: PERSONAL CARE SERVICES SBA Loan Lender OAK BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812199 - Personal Care Services Loan Approval Date 10/25/2004 Loan Approval Gross Amount $54,000 Loan Approval from the SBA Of the total $54,000 loan amount, the SBA guaranteed $45,900. 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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding. 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 Lenders in Fitchburg, Wisconsin Getting an SBA Loan in Wisconsin
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