Green Bay, Wisconsin Bank Lends Money to Frozen Cakes, Pies, And Pastries Manufacturing Company in Milwaukee, Wisconsin
Want to talk with a Green Bay, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Green Bay bank, that was approved by the SBA.
Applying for an SBA loan with Associated Bank worked out well for our friends at one local business in Milwaukee, Wisconsin. They received an SBA loan for $32,100. Way to go!
SBA Loan Borrower
COMPANY TYPE: FROZEN CAKES, PIES, AND PASTRIES MANUFACTURING
MILWAUKEE, WI 53207
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
311813 - Frozen Cakes, Pies, and Pastries Manufacturing
Loan Approval Date
3/3/2005
Loan Approval Gross Amount
$32,100
Loan Approval from the SBA
Of the total $32,100 loan amount, the SBA guaranteed $16,050.
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 no employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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