Business Loan from Community State Bank Given to Lawn And Garden Services Company
An SBA loan from Community State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mukwonago, Wisconsin business owner got a $350,000 loan.
This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Community State Bank, out of Union Grove, Wisconsin. The loan was granted and they received $350,000 to help grow their Mukwonago, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN SERVICES
MUKWONAGO, WI 53149
SBA Loan Lender
COMMUNITY STATE BANK
1500 MAIN ST
UNION GROVE, WI 53182
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0782 - Lawn and Garden Services
NAICS Code
541320 - Landscape Architectural Services
Loan Approval Date
3/17/2003
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
While you may be able to borrow money from friends and family, 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.
Related Links:
Obtaining Funding From a Venture Capitalist
Best Banks in Union Grove, Wisconsin
Wisconsin SBA 7A Lenders