Sturgeon Bay, Wisconsin Bank Lends Money to Child Day Care Services Company in Green Bay, Wisconsin
A Sturgeon Bay, Wisconsin small business loan can be yours. Learn how a business got a $70,000 business loan from this Wisconsin bank.
This loan to an entrepreneur is a good example of an SBA loan. Baylake Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
GREEN BAY, WI 54141
SBA Loan Lender
BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235
This lender issued this particular commercial 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.
SIC Code
8351 - Child Day Care Services
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
3/28/2000
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $56,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 12 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Green Bay WI, you ought to talk with a local Green Bay SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Green Bay businesses.
We've showcased information on this loan to let you know that businesses like yours 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.
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