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December 22, 2024  
 
 
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Milwaukee SBA Loan from State Bank Of Chilton

 

 
Loan Census SBA Loan Info

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