Brookfield, Wisconsin Lender Lends Money to Limited-Service Restaurants Company
Get SBA loans from a Brookfield, Wisconsin bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Ridgestone Bank is a Brookfield, 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: LIMITED-SERVICE RESTAURANTS
KENOSHA, WI 53140
SBA Loan Lender
RIDGESTONE BANK
13925 W NORTH AVE
BROOKFIELD, WI 53005
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/13/2007
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find business people willing to loan money, 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:
Business Credit Evaluation
Small Bank Loans in Brookfield, Wisconsin
Wisconsin SBA Bank Lenders