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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Baldwin, Business Loans > First Bank Of Baldwin Baldwin Business Loans > Machine Shops Loan | ||||
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First Bank Of Baldwin Business Loans
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SBA Loan from First Bank Of Baldwin Helps Machine Shops CompanyAn SBA loan from First Bank Of Baldwin typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Woodville, Wisconsin business owner got a $114,500 loan. This growing company knew how to go about getting a business bank loan. Based in Woodville, Wisconsin, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was First Bank Of Baldwin, based in Baldwin, Wisconsin. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender FIRST BANK OF BALDWIN 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 332710 - Machine Shops Loan Approval Date 6/25/2007 Loan Approval Gross Amount $114,500 Loan Approval from the SBA Of the total $114,500 loan amount, the SBA guaranteed $57,250. 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 loan application indicated that the funding would help generate 2 new jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - How to Borrow Money Best Baldwin, Wisconsin Banks for Small Business
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