Borrowing Money for Specialty Trade Contractors
Looking for small business loans for specialty trade contractors? Talk to a banker who works with the SBA. This $125,000 specialty trade contractors loan was issued by a Wisconsin bank.
This small firm knew how to go about getting a business bank loan. Based in Sturgeon Bay, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Baylake Bank, based in Sturgeon Bay, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
STURGEON BAY, WI 54235
SBA Loan Lender
BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235
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
238990 - Specialty Trade Contractors
Loan Approval Date
2/7/2005
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $106,250.
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 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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:
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Banks in Sturgeon Bay, Wisconsin
Wisconsin SBA 7A Lenders