Watertown, Wisconsin Lender Lends Money to Eating Places Company

Want to talk with a Watertown, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Watertown bank, that was approved by the SBA.

Applying for an SBA loan with Town And Country Bank worked out well for our friends at one local business in Watertown, Wisconsin. They got an SBA loan for $300,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
WATERTOWN, WI 53094

SBA Loan Lender

TOWN AND COUNTRY BANK
104 W MAIN ST
WATERTOWN, WI 53094

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/13/2006

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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