Sheboygan, Wisconsin Bank Gives SBA Loan to Power Boiler And Heat Exchanger Manufacturing Company

Thinking about meeting with a Sheboygan, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Sheboygan bank, that was approved by the SBA.

Applying for an SBA loan with Community Bank & Trust worked out well for our friends at one local firm in Sheboygan, Wisconsin. The business was able to get an SBA loan for $350,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: POWER BOILER AND HEAT EXCHANGER MANUFACTURING
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

332410 - Power Boiler and Heat Exchanger Manufacturing

Loan Approval Date

10/29/2001

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 a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 20 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Business Credit Evaluation

Small Bank Loans in Sheboygan, Wisconsin

SBA Participating Banks in Wisconsin