Kaukauna, Wisconsin Bank Gives SBA Loan to Child Day Care Services Company
Want to talk with a Kaukauna, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Kaukauna bank, that was approved by the SBA.
Applying for an SBA loan with Citizens Bank worked out well for our friends at one local company in Suamico, Wisconsin. The business was able to get an SBA loan for $63,728. Nice!
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
SUAMICO, WI 54173
SBA Loan Lender
CITIZENS BANK
205 E 4TH ST PLZ
KAUKAUNA, WI 54130
This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8351 - Child Day Care Services
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
10/3/2003
Loan Approval Gross Amount
$63,728
Loan Approval from the SBA
Of the total $63,728 loan amount, the SBA guaranteed $47,796.
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 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Citizens Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Strategic Investors
SBA 7A Banks in Kaukauna, Wisconsin
SBA Wisconsin Banks