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November 14, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > New Berlin, Business Loans > Layton State Bank New Berlin Business Loans > Direct Selling Establishments Loan | ||||
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Banks in New Berlin, Wisconsin That Make SBA Loans
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New Berlin, Wisconsin Bank Lends Money to Direct Selling Establishments Company in Waukesha, WisconsinWant to talk with a New Berlin, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a New Berlin bank, that was approved by the SBA. Applying for an SBA loan with Layton State Bank worked out well for our friends at one local company in Waukesha, Wisconsin. The business was able to get an SBA loan for $420,000. Awesome! SBA Loan Borrower COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS SBA Loan Lender LAYTON STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 10/29/2007 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. 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 18 employees. The SBA loan documents indicated that the loan would help generate 14 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $420,000. How would you spend $420,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Bank Loans in New Berlin, Wisconsin Getting an SBA Loan in Wisconsin
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