Entrepreneur Works With Sheboygan, Wisconsin Bank to Get an SBA Loan
Want to talk with a Sheboygan, Wisconsin bank about a 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 Two Rivers, Wisconsin. They got an SBA loan for $232,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
TWO RIVERS, WI 54241
SBA Loan Lender
COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7999 - Amusement and Recreation Services
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
12/15/2005
Loan Approval Gross Amount
$232,000
Loan Approval from the SBA
Of the total $232,000 loan amount, the SBA guaranteed $174,000.
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 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank & Trust 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:
Financing Your Business
Small Business Banks in Sheboygan, Wisconsin
SBA Wisconsin Banks