Park Bank SBA Loan to Legal Services Company

An SBA loan from Park Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Wauwatosa, Wisconsin business owner got a $40,000 loan.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Park Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $40,000 to help grow their Wauwatosa, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: LEGAL SERVICES
WAUWATOSA, WI 53226

SBA Loan Lender

PARK BANK
7540 W CAPITOL DR
MILWAUKEE, WI 53216

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8111 - Legal Services

NAICS Code

541110 - Lawyers

Loan Approval Date

10/9/2001

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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

We can help you find the best banks for small businesses in Wauwatosa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

SBA 7A Banks for Milwaukee, Wisconsin Loans

Wisconsin SBA 7A Lenders