Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Raising Money in Mukwonago, Wisconsin With SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Computer and Software Stores

With these SBA loans for computer and software stores, the SBA guarantees the lender that the loan will be repaid. This computer and software stores loan for $100,000 was given to a Wisconsin entrepreneur in 2004.

Getting a small business loan in Mukwonago, Wisconsin was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank Of Mukwonago, operating out of East Troy, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
MUKWONAGO, WI 53149

SBA Loan Lender

CITIZENS BANK OF MUKWONAGO
3238 W MAIN ST
EAST TROY, WI 53120

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443120 - Computer and Software Stores

Loan Approval Date

3/22/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 7 employees. The SBA loan documents did not indicate that the company promised 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?

If you have been wondering how do i get money to start a business in Mukwonago WI, you ought to talk with a local Mukwonago SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mukwonago businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Citizens Bank Of Mukwonago are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Microlending as a Small Business Funding Source

SBA Approved Banks in East Troy, Wisconsin

Wisconsin SBA Banks