State Bank Of Chilton SBA Loan to Gasoline Stations With Convenience Stores Company
State Bank Of Chilton is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans.
This small firm knew how to go about getting a business bank loan. Based in Milwaukee, Wisconsin, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was State Bank Of Chilton, based in Chilton, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
MILWAUKEE, WI 53221
SBA Loan Lender
STATE BANK OF CHILTON
26 E MAIN ST
CHILTON, WI 53014
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
10/28/2005
Loan Approval Gross Amount
$1,981,300
Loan Approval from the SBA
Of the total $1,981,300 loan amount, the SBA guaranteed $1,485,975.
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 7 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,981,300 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Role of Business Plan When Raising Money
SBA 7A Banks for Chilton, Wisconsin Loans
Wisconsin SBA Bank Lenders