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November 23, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Colby, Business Loans > Community Bank - Cent. Wisconsin Colby Business Loans > Full-Service Restaurants Loan | ||||
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Colby, Wisconsin SBA Lenders
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Entrepreneur Works With Colby, Wisconsin Bank to Get an SBA LoanA Colby, Wisconsin business loan can be yours. Learn how a company got a $205,514 business loan from this Wisconsin bank. This loan to an entrepreneur is a good example of an SBA loan. Community Bank - Cent. Wisconsin made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender COMMUNITY BANK - CENT. WISCONSIN This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/27/2007 Loan Approval Gross Amount $205,514 Loan Approval from the SBA Of the total $205,514 loan amount, the SBA guaranteed $102,757. 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 documents indicated that the loan would help retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Thorp or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business Best Banks for Small Business in Colby, Wisconsin Browse All Business Loan Sources for Wisconsin
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