Borrowing Money for Roofing Contractors
Looking for bank loans for roofing contractors? An SBA loan may be just what you've been looking for. This $150,000 roofing contractors loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cudahy, Wisconsin was able to borrow $150,000 from Layton State Bank. The SBA made the loan possible by guaranteeing $127,500 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
CUDAHY, WI 53110
SBA Loan Lender
LAYTON STATE BANK
2740 W FOREST HOME AVE
MILWAUKEE, WI 53215
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238160 - Roofing Contractors
Loan Approval Date
3/30/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Layton State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Layton State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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.
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SBA Wisconsin Lenders