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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Cedarburg, Business Loans > Ozaukee Bank Cedarburg Business Loans > Offices And Clinics Of Dentists Loan | ||||
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Cedarburg, Wisconsin SBA 7A Banks
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Cedarburg, Wisconsin Bank Lends Money to Offices And Clinics Of Dentists Company in Cedarburg, WisconsinA Cedarburg, Wisconsin small business loan can be yours. Learn how a business got a $310,587 business loan from this Wisconsin bank. This loan to a local firm is a good example of an SBA loan. Ozaukee Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS SBA Loan Lender OZAUKEE BANK This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8021 - Offices and Clinics of Dentists NAICS Code 621210 - Dentists Loan Approval Date 10/23/2003 Loan Approval Gross Amount $310,587 Loan Approval from the SBA Of the total $310,587 loan amount, the SBA guaranteed $232,940. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Accountant's Role in Securing Financing Best Cedarburg, Wisconsin Banks for Small Business
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