Raising Money for Support Services

With these business loans for support services, the SBA guarantees the lender that the loan will be repaid. This support services loan for $1,184,228 was given to a Wisconsin entrepreneur in 2002.

This business knew how to go about getting a business bank loan. Based in Depere, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was State Bank Of Chilton, based in Chilton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SERVICES
DEPERE, WI 54115

SBA Loan Lender

STATE BANK OF CHILTON
26 E MAIN ST
CHILTON, WI 53014

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8999 - Services

NAICS Code

561990 - Support Services

Loan Approval Date

12/10/2002

Loan Approval Gross Amount

$1,184,228

Loan Approval from the SBA

Of the total $1,184,228 loan amount, the SBA guaranteed $769,748.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 19 employees. This SBA loan request did not indicate that the company promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Business Incubators

SBA Banks in Chilton, Wisconsin

Getting a Business Loan in Wisconsin