North Shore Bank, Fsb SBA Loan to Commercial Lithographic Printing Company

An SBA loan from North Shore Bank, Fsb typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Waukesha, Wisconsin business owner got a $118,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Waukesha, Wisconsin, they applied for and received an SBA-guaranteed loan in 2008. The lending bank was North Shore Bank, Fsb, based in Brookfield, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
WAUKESHA, WI 53189

SBA Loan Lender

NORTH SHORE BANK, FSB
15700 W BLUEMOUND RD
BROOKFIELD, WI 53005

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

323110 - Commercial Lithographic Printing

Loan Approval Date

2/1/2008

Loan Approval Gross Amount

$118,000

Loan Approval from the SBA

Of the total $118,000 loan amount, the SBA guaranteed $59,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

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.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into North Shore Bank, Fsb and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Small Business Loan

SBA Banks in Brookfield, Wisconsin

Wisconsin SBA 7A Banks