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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Saint Cloud, Business Loans > Stearns Bank Saint Cloud Business Loans > Limited-Service Restaurants Loan | ||||
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SBA Lender Pewaukee Wisconsin
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Wisconsin Bank Loan Issued to Limited-Service Restaurants CompanyWisconsinBusiness loans are available to Wisconsin business owners through the SBA. In this case, a Minnesota bank provides the loan. By giving the right information to Stearns Bank, this Pewaukee, Wisconsin business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender STEARNS BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 1/17/2007 Loan Approval Gross Amount $246,700 Loan Approval from the SBA Of the total $246,700 loan amount, the SBA guaranteed $185,025. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Pewaukee or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Approved Banks in Saint Cloud, Minnesota Getting an SBA Loan in Minnesota
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