Financing for Special Trade Contractors
Looking for commercial loans for special trade contractors? Try the SBA. This $250,000 special trade contractors loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waunakee, Wisconsin was able to borrow $250,000 from Middleton Community Bank. The SBA made the loan possible by guaranteeing $187,500 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN SERVICES
WAUNAKEE, WI 53597
SBA Loan Lender
MIDDLETON COMMUNITY BANK
3207 PARMENTER ST
MIDDLETON, WI 53562
This debt financing 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
0782 - Lawn and Garden Services
NAICS Code
235990 - Special Trade Contractors
Loan Approval Date
5/16/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 30 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Obtaining Funding - How to Borrow Money
Find an SBA Lender in Middleton, Wisconsin
SBA Lenders in Wisconsin