SBA Loans for Drinking Places

With these SBA loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $207,500 was given to a Wisconsin entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Milwaukee, Wisconsin was able to borrow $207,500 from Park Bank. The SBA made the loan possible by guaranteeing $103,750 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
MILWAUKEE, WI 53203

SBA Loan Lender

PARK BANK
330 E KILBOURN AVE
MILWAUKEE, WI 53202

This lender processed this SBA small business 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

722410 - Drinking Places

Loan Approval Date

4/7/2004

Loan Approval Gross Amount

$207,500

Loan Approval from the SBA

Of the total $207,500 loan amount, the SBA guaranteed $103,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The loan application indicated that the loan would help create 18 new jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Milwaukee WI, you ought to talk with a local Milwaukee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Milwaukee businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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