Loan Census Banking News and Information
November 15, 2024  
 
 
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West Bend Savings Bank West Bend

 

 
Loan Census SBA Loan Info

SBA Loan from West Bend Savings Bank Helps Business Service Centers Company

An SBA loan from West Bend Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a West Bend, Wisconsin business owner got a $81,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with West Bend Savings Bank, out of West Bend, Wisconsin. The loan was granted and they received $81,000 to help grow their West Bend, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICE CENTERS
WEST BEND, WI 53090

SBA Loan Lender

WEST BEND SAVINGS BANK
201 S FIFTH AVE
WEST BEND, WI 53095

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

561439 - Business Service Centers

Loan Approval Date

10/9/2007

Loan Approval Gross Amount

$81,000

Loan Approval from the SBA

Of the total $81,000 loan amount, the SBA guaranteed $40,500.

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 2 employees. The SBA loan documents indicated that the borrowed money would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $81,000. How would you spend $81,000 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.

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