Commercial Loans for Lessors of Real Estate Property
Looking for commercial loans for lessors of real estate property? Try the SBA. This $152,000 lessors of real estate property loan was issued by a Wisconsin bank.
Getting a small business loan in Germantown, Wisconsin was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Landmark Cu, operating out of New Berlin, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF REAL ESTATE PROPERTY
GERMANTOWN, WI 53022
SBA Loan Lender
LANDMARK CU
2775 S MOORLAND RD
NEW BERLIN, WI 53151
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
531190 - Lessors of Real Estate Property
Loan Approval Date
1/26/2007
Loan Approval Gross Amount
$152,000
Loan Approval from the SBA
Of the total $152,000 loan amount, the SBA guaranteed $76,000.
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 7 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find other ways to get money to start a business, 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.
Related Links:
Small Business Loan
Banks in New Berlin, Wisconsin
Wisconsin SBA 7A Lenders