Loan Census Banking News and Information
December 19, 2024  
 
 
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SBA 7A Banks in Wisconsin

 

 
Loan Census SBA Loan Info

Bank Loans for Paint and Wallpaper Stores

With these bank loans for paint and wallpaper stores, the SBA guarantees the lender that the loan will be repaid. This paint and wallpaper stores loan for $221,000 was given to a Wisconsin entrepreneur in 2001.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Middleton Community Bank, out of Middleton, Wisconsin. The loan was granted and they received $221,000 to help grow their Madison, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
MADISON, WI 53719

SBA Loan Lender

MIDDLETON COMMUNITY BANK
3207 PARMENTER ST
MIDDLETON, WI 53562

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

7299 - Personal Services

NAICS Code

444120 - Paint and Wallpaper Stores

Loan Approval Date

2/14/2001

Loan Approval Gross Amount

$221,000

Loan Approval from the SBA

Of the total $221,000 loan amount, the SBA guaranteed $165,750.

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 money to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Obtaining Funding From a Venture Capitalist

Small Bank Loans in Middleton, Wisconsin

Wisconsin SBA 7A Banks