Kenosha, Wisconsin Business Gets SBA-Guaranteed Funding from First Banking Center

An SBA loan from First Banking Center typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kenosha, Wisconsin business owner got a $30,000 loan.

This business knew how to go about getting a business bank loan. Based in Kenosha, Wisconsin, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was First Banking Center, based in Kenosha, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
KENOSHA, WI 53142

SBA Loan Lender

FIRST BANKING CENTER
3825 39TH AVE
KENOSHA, WI 53144

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

10/14/2003

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $22,500.

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 3 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Credit Evaluation

SBA Approved Banks in Kenosha, Wisconsin

Getting an SBA Loan in Wisconsin