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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sheboygan, Business Loans > Community Bank & Trust Sheboygan Business Loans > Commercial Bakeries Loan | ||||
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Raising Money in Milwaukee, Wisconsin With SBA Loans
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Milwaukee, Wisconsin Entrepreneur Gets an SBA LoanWant a Wisconsin small business loan? This Wisconsin entrepreneur got a small business loan, provided by a Wisconsin bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Milwaukee, Wisconsin by studying this loan to a local company, made back in 2005. Banks like Community Bank & Trust may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL BAKERIES SBA Loan Lender COMMUNITY BANK & TRUST Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311812 - Commercial Bakeries Loan Approval Date 12/14/2005 Loan Approval Gross Amount $117,700 Loan Approval from the SBA Of the total $117,700 loan amount, the SBA guaranteed $98,999. 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 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $117,700. How would you spend $117,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 SBA Participating Banks in Sheboygan, Wisconsin
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