SBA (U.S. Small Business Administration) loans are for businesses whose needs may extend beyond standard lending requirements.  These loans are written to SCCU and SBA specifications depending on whether direct partial funding or a loan guaranty is being provided.

For more information or to schedule an appointment, please contact Jim Peterson at (715) 398-8924 or Stacey Johnson at (715) 398-8908.  You must also complete the business loan application (Business Loan Application) either by filling it out before you come into the office or at the office.  If you are ready to apply, you will need to bring in the following:

Financial Information:

• Federal tax returns and all supporting schedules for the last two or three years and/or
• Year-end financial statements for the last two or three years
• Interim financial statements, if available
• Annual budgets or yearly projections, if completed.
• Current personal financial statement from each owner/shareholder
• Most recent year income tax returns from each owner/shareholder