Entrepreneur Works With Delavan, Wisconsin Bank to Get an SBA Loan

Thinking about meeting with a Delavan, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Delavan bank, that was approved by the SBA.

Applying for an SBA loan with Community Bank Cbd worked out well for our friends at one local business in Delavan, Wisconsin. They received an SBA loan for $45,000. Nice!

SBA Loan Borrower

COMPANY TYPE: MARINE PRODUCTS
DELAVAN, WI 53115

SBA Loan Lender

COMMUNITY BANK CBD
820 E GENEVA ST
DELAVAN, WI 53115

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0919 - Marine Products

NAICS Code

114119 - Marine Fishing

Loan Approval Date

1/7/2003

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank Cbd and they will explain how you can get an SBA loan for your company.

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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