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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Brookfield, Business Loans > Ridgestone Bank Brookfield Business Loans > Toy And Hobby Goods And Supplies Merchant Wholesalers Loan | ||||
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How to Get SBA Loans in Mequon, Wisconsin
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Business Loans for Toy and Hobby Goods and Supplies Merchant WholesalersWith these business loans for toy and hobby goods and supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This toy and hobby goods and supplies merchant wholesalers loan for $250,000 was given to a Wisconsin entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mequon, Wisconsin was able to borrow $250,000 from Ridgestone Bank. The SBA made the loan possible by guaranteeing $187,500 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender RIDGESTONE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423920 - Toy and Hobby Goods and Supplies Merchant Wholesalers Loan Approval Date 4/17/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in Mequon WI, you ought to talk with a local Mequon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mequon businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Banks in Brookfield, Wisconsin
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