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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > West Bend, Business Loans > West Bend Savings Bank West Bend Business Loans > Store Retailers Loan | ||||
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Germantown, Wisconsin Bank for SBA Loans
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Raising Money for Store RetailersLooking for business loans for store retailers? Talk to a banker who works with the SBA. This $125,000 store retailers loan was issued by a Wisconsin bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Germantown, Wisconsin was able to borrow $125,000 from West Bend Savings Bank. The SBA made the loan possible by guaranteeing $106,250 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender WEST BEND SAVINGS BANK This lender issued this particular bank 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. NAICS Code 453998 - Store Retailers Loan Approval Date 7/15/2005 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. West Bend Savings Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, West Bend Savings Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Family and Friend Investors - Your First Financiers Small Business Banks in West Bend, Wisconsin
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