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December 21, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Hartford, Business Loans > First Bank Financial Centre Hartford Business Loans > Eating Places Loan | ||||
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SBA Lenders Wisconsin
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Hartford, Wisconsin Bank Gives SBA Loan to Eating Places CompanyThinking about meeting with a Hartford, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Hartford bank, that was approved by the SBA. Applying for an SBA loan with First Bank Financial Centre worked out well for our friends at one local business in West Bend, Wisconsin. They got an SBA loan for $148,000. Nice! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIRST BANK FINANCIAL CENTRE This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 8/23/2002 Loan Approval Gross Amount $148,000 Loan Approval from the SBA Of the total $148,000 loan amount, the SBA guaranteed $125,800. 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 10 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add 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. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First Bank Financial Centre so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Hartford, Wisconsin Banks for Small Business Getting an SBA Loan in Wisconsin
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