Investorsbank Gives SBA Loan to Optometrists Company

WisconsinSmall business loans are available to Wisconsin small business owners through the SBA. In this case, a Wisconsin bank provides the loan.

Getting a small business loan in Brookfield, Wisconsin was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Investorsbank. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
BROOKFIELD, WI 53045

SBA Loan Lender

INVESTORSBANK
W 239 N 1700 BUSSE RD
WAUKESHA, WI 53188

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

9/8/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business 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 Investorsbank 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:

Strategic Investors

Best Banks for Small Business in Waukesha, Wisconsin

Wisconsin SBA 7A Banks