Business Loan from Bank Mutual Given to Commercial Bakeries Company
An SBA loan from Bank Mutual typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brookfield, Wisconsin business owner got a $25,000 loan.
This business knew how to go about getting a business bank loan. Based in Brookfield, Wisconsin, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Bank Mutual, based in Milwaukee, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL BAKERIES
BROOKFIELD, WI 53018
SBA Loan Lender
BANK MUTUAL
4949 W BROWN DEER RD
MILWAUKEE, WI 53223
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
311812 - Commercial Bakeries
Loan Approval Date
8/30/2005
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 a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in Brookfield WI, you ought to talk with a local Brookfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brookfield businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Mutual 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:
Business Line of Credit
Small Business Banks in Milwaukee, Wisconsin
Getting a Business Loan in Wisconsin