Waukesha State Bank SBA Loan to Girls', Children's, And Infants' Outerwear Company

Searching for a Wisconsin small business loan? Here's one Wisconsin business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Elm Grove, Wisconsin, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Waukesha State Bank, based in Waukesha, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: GIRLS', CHILDREN'S, AND INFANTS' OUTERWEAR
ELM GROVE, WI 53122

SBA Loan Lender

WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2369 - Girls', Children's, and Infants' Outerwear

Loan Approval Date

1/18/2000

Loan Approval Gross Amount

$68,000

Loan Approval from the SBA

Of the total $68,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the borrowed money would help generate 5 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Elm Grove WI, you ought to talk with a local Elm Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elm Grove businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Waukesha State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How to Raise Money

Small Bank Loans in Waukesha, Wisconsin

Getting an SBA Loan in Wisconsin