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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Cedarburg, Business Loans > Ozaukee Bank Cedarburg Business Loans > Eating Places Loan | ||||
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Wisconsin Bank SBA Loans
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Cedarburg, Wisconsin Bank Gives SBA Loan to Eating Places CompanyThinking about meeting with a Cedarburg, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Cedarburg bank, that was approved by the SBA. Applying for an SBA loan with Ozaukee Bank worked out well for our friends at one local business in Milwaukee, Wisconsin. They got an SBA loan for $490,000. Sweet! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender OZAUKEE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank 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 11/4/2003 Loan Approval Gross Amount $490,000 Loan Approval from the SBA Of the total $490,000 loan amount, the SBA guaranteed $367,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $490,000. How would you spend $490,000 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: SBA 7A Lenders in Cedarburg, Wisconsin Find an SBA Lender in Wisconsin
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