Menomonee Falls, Wisconsin Lender Lends Money to Hobby, Toy, And Game Shops Company

Want to talk with a Menomonee Falls, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Menomonee Falls bank, that was approved by the SBA.

Applying for an SBA loan with Mwbank worked out well for our friends at one local business in New Berlin, Wisconsin. They received an SBA loan for $530,769. Sweet!

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME SHOPS
NEW BERLIN, WI 53151

SBA Loan Lender

MWBANK
W178 N9358 WATER TOWER PLACE
MENOMONEE FALLS, WI 53051

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5945 - Hobby, Toy, and Game Shops

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

9/23/2004

Loan Approval Gross Amount

$530,769

Loan Approval from the SBA

Of the total $530,769 loan amount, the SBA guaranteed $398,077.

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 8 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in New Berlin WI, you ought to talk with a local New Berlin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Berlin businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Mwbank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Small Business Credit Cards

SBA Participating Banks in Menomonee Falls, Wisconsin

Wisconsin SBA 7A Banks