West Bend Savings Bank SBA Loan to Commercial Physical And Biological Research Company

Looking to get a Wisconsin business loan? Here's one Wisconsin business loan that was approved by the SBA.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with West Bend Savings Bank, out of West Bend, Wisconsin. The loan was granted and they received $275,000 to help grow their West Bend, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PHYSICAL AND BIOLOGICAL RESEARCH
WEST BEND, WI 53095

SBA Loan Lender

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

This bank loan 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

8731 - Commercial Physical and Biological Research

NAICS Code

541710 -

Loan Approval Date

4/28/2003

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

This SBA loan was for $275,000. How would you spend $275,000 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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