Lake Delton, Wisconsin Business Gets SBA-Guaranteed Funding from Wisconsin Community Bank

An SBA loan from Wisconsin Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lake Delton, Wisconsin business owner got a $451,300 loan.

This growing company knew how to go about getting a business bank loan. Based in Lake Delton, Wisconsin, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Wisconsin Community Bank, based in Madison, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: HOTELS AND MOTELS
LAKE DELTON, WI 53940

SBA Loan Lender

WISCONSIN COMMUNITY BANK
8240 MINERAL POINT RD
MADISON, WI 53719

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

721110 - Hotels and Motels

Loan Approval Date

8/9/2004

Loan Approval Gross Amount

$451,300

Loan Approval from the SBA

Of the total $451,300 loan amount, the SBA guaranteed $225,650.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wisconsin Community Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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