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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Round Lake Beach, Business Loans > Norstates Bank Round Lake Beach Business Loans > Eating Places Loan | ||||
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Milwaukee, Wisconsin Bank for SBA Loans
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Company Gets a Wisconsin Small Business LoanWould a Wisconsin SBA loan help your business get to the next level? If so, you may want to talk with this Illinois bank, which offers SBA loans to Wisconsin entrepreneurs. Getting a small business loan in Milwaukee, Wisconsin was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Norstates Bank. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender NORSTATES 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. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/28/2003 Loan Approval Gross Amount $172,000 Loan Approval from the SBA Of the total $172,000 loan amount, the SBA guaranteed $129,000. 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 5 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Realistic Debt Financing Options Best Banks for Small Business in Round Lake Beach, Illinois
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