Baylake Bank SBA Loan to Eating Places Company
Searching for a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Baylake Bank, out of Sturgeon Bay, Wisconsin. The loan was granted and they received $355,000 to help grow their Allouez, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
ALLOUEZ, WI 54311
SBA Loan Lender
BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
9/1/2000
Loan Approval Gross Amount
$355,000
Loan Approval from the SBA
Of the total $355,000 loan amount, the SBA guaranteed $266,250.
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 34 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 31 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Baylake Bank and they will explain how you can get an SBA loan for your company.
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:
Accountant's Role in Securing Financing
SBA 7A Banks in Sturgeon Bay, Wisconsin
SBA Participating Banks in Wisconsin