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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Waukesha, Business Loans > Waukesha State Bank Waukesha Business Loans > Eating Places Loan | ||||
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Business Loan from Waukesha State Bank
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Business Loan from Waukesha State Bank Given to Eating Places CompanyWaukesha State Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Delafield, Wisconsin was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Waukesha State Bank, operating out of Waukesha, Wisconsin. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender WAUKESHA STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 3/25/2005 Loan Approval Gross Amount $101,700 Loan Approval from the SBA Of the total $101,700 loan amount, the SBA guaranteed $76,275. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Where to Get an SBA Loan in Waukesha, Wisconsin Getting an SBA Loan in Wisconsin
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