Special Trade Contractors Bank Loans
With these bank loans for special trade contractors, the SBA guarantees the lender that the loan will be repaid. This special trade contractors loan for $485,000 was given to a Wisconsin entrepreneur in 2005.
This small firm knew how to go about getting a business bank loan. Based in East Troy, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Waukesha State Bank, based in Waukesha, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
EAST TROY, WI 53120
SBA Loan Lender
WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1799 - Special Trade Contractors
NAICS Code
235990 - Special Trade Contractors
Loan Approval Date
5/10/2005
Loan Approval Gross Amount
$485,000
Loan Approval from the SBA
Of the total $485,000 loan amount, the SBA guaranteed $363,750.
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 8 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Bank Credit Lines
Banks in Waukesha, Wisconsin
Wisconsin SBA 7A Banks