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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Grafton, Business Loans > Cornerstone Community Bank Grafton Business Loans > Building Equipment Contractors Loan | ||||
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WI Small Business Loans from Cornerstone Community Bank
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Business Loan from Cornerstone Community Bank Given to Building Equipment Contractors CompanyCornerstone Community Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Milwaukee, Wisconsin was able to borrow $134,000 from Cornerstone Community Bank. The SBA made the loan possible by guaranteeing $113,900 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT CONTRACTORS SBA Loan Lender CORNERSTONE COMMUNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238290 - Building Equipment Contractors Loan Approval Date 5/17/2005 Loan Approval Gross Amount $134,000 Loan Approval from the SBA Of the total $134,000 loan amount, the SBA guaranteed $113,900. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $134,000 loan. Remember, feel the fear, and do it anyway. 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: Family and Friend Investors - Your First Financiers Best Grafton, Wisconsin Banks for Small Business
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