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.
Related Links:
How Equity Dilution Works
Best West Bend, Wisconsin Banks for Small Business
Find an SBA Lender in Wisconsin