Sturgeon Bay, Wisconsin Bank Gives SBA Loan to Power Laundries, Family And Commercial Company
Get SBA loans from a Sturgeon Bay, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Baylake Bank is a Sturgeon Bay, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.
SBA Loan Borrower
COMPANY TYPE: POWER LAUNDRIES, FAMILY AND COMMERCIAL
STURGEON BAY, WI 54235
SBA Loan Lender
BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7211 - Power Laundries, Family and Commercial
NAICS Code
812320 - Drycleaning and Laundry Services
Loan Approval Date
6/19/2003
Loan Approval Gross Amount
$48,500
Loan Approval from the SBA
Of the total $48,500 loan amount, the SBA guaranteed $41,225.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Banking Deregulation's Effects on Entrepreneurship
Small Bank Loans in Sturgeon Bay, Wisconsin
Wisconsin SBA 7A Banks