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November 21, 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 > Motorcycle, Atv, And Personal Watercraft Dealers Loan | ||||
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Banks Doing SBA Loans in Wisconsin
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Sturgeon Bay, Wisconsin Lender Lends Money to Motorcycle, Atv, And Personal Watercraft Dealers CompanyGet SBA loans from a Sturgeon Bay, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Baylake Bank is a Sturgeon Bay, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company. SBA Loan Borrower COMPANY TYPE: MOTORCYCLE, ATV, AND PERSONAL WATERCRAFT DEALERS SBA Loan Lender BAYLAKE BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 441221 - Motorcycle, ATV, and Personal Watercraft Dealers Loan Approval Date 6/10/2004 Loan Approval Gross Amount $1,250,000 Loan Approval from the SBA Of the total $1,250,000 loan amount, the SBA guaranteed $625,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 17 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 15 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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. Related Links: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks for Sturgeon Bay, Wisconsin Loans
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