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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sturgeon Bay, Business Loans > Baylake Bank Sturgeon Bay Business Loans > Bed-And-Breakfast Inns Loan | ||||
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Banks in Sturgeon Bay, Wisconsin That Make SBA Loans
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Sturgeon Bay, Wisconsin Lender Lends Money to Bed-And-Breakfast Inns CompanyWant to talk with a Sturgeon Bay, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Sturgeon Bay bank, that was approved by the SBA. Applying for an SBA loan with Baylake Bank worked out well for our friends at one local firm in Ellison Bay, Wisconsin. The business was able to get an SBA loan for $786,000. Sweet! SBA Loan Borrower COMPANY TYPE: BED-AND-BREAKFAST INNS SBA Loan Lender BAYLAKE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721191 - Bed-and-Breakfast Inns Loan Approval Date 7/19/2004 Loan Approval Gross Amount $786,000 Loan Approval from the SBA Of the total $786,000 loan amount, the SBA guaranteed $589,500. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Ellison Bay or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Dealing With Venture Capitalists SBA Participating Banks in Sturgeon Bay, Wisconsin Find an SBA Lender in Wisconsin
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