Packaging and Labeling Services Commercial Loans

With these commercial loans for packaging and labeling services, the SBA guarantees the lender that the loan will be repaid. This packaging and labeling services loan for $25,000 was given to a Wisconsin entrepreneur in 2004.

This business knew how to go about getting a business bank loan. Based in Black Creek, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Baylake Bank, based in Sturgeon Bay, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PACKAGING AND LABELING SERVICES
BLACK CREEK, WI 54106

SBA Loan Lender

BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561910 - Packaging and Labeling Services

Loan Approval Date

3/19/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

Next Steps for Getting an SBA Loan

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Baylake Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

The Art of Bootstrapping

SBA Banks in Sturgeon Bay, Wisconsin

Where to Get an SBA Loan Wisconsin