Citizens Bank Of Mukwonago SBA Loan to Management Services Company

An SBA loan from Citizens Bank Of Mukwonago typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an East Troy, Wisconsin business owner got a $112,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Troy, Wisconsin was able to borrow $112,000 from Citizens Bank Of Mukwonago. The SBA made the loan possible by guaranteeing $95,200 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT SERVICES
EAST TROY, WI 53120

SBA Loan Lender

CITIZENS BANK OF MUKWONAGO
301 N ROCHESTER ST
MUKWONAGO, WI 53149

This lender issued this particular SBA business 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

8741 - Management Services

NAICS Code

233210 - Single Family Housing Construction

Loan Approval Date

7/18/2001

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $95,200.

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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, 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.

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