Wisconsin Bank Loan Issued to Gasket, Packing, And Sealing Device Manufacturing Company

Searching for a Wisconsin business loan? This Wisconsin entrepreneur got a business loan, provided by a Wisconsin bank that works with the SBA to help small business owners.

Getting a small business loan in Milwaukee, Wisconsin was a top priority for this SBA-financed company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank & Trust. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: GASKET, PACKING, AND SEALING DEVICE MANUFACTURING
MILWAUKEE, WI 53202

SBA Loan Lender

COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

339991 - Gasket, Packing, and Sealing Device Manufacturing

Loan Approval Date

10/29/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Milwaukee or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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