Sheboygan, Wisconsin Entrepreneur Gets a Small Business Loan

Small business loans in Wisconsin are tough to come by these days. We take a look at one Wisconsin small business loan, provided by a Wisconsin bank, that was approved by the SBA.

Getting a small business loan in Sheboygan, Wisconsin was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Community Bank & Trust. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
SHEBOYGAN, WI 53081

SBA Loan Lender

COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081

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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

7/27/2005

Loan Approval Gross Amount

$578,000

Loan Approval from the SBA

Of the total $578,000 loan amount, the SBA guaranteed $433,500.

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 5 employees. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Sheboygan WI, you ought to talk with a local Sheboygan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sheboygan businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank & Trust and they will explain how you can get an SBA loan for your company.

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.

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