Financing for Outpatient Mental Health and Substance Abuse Centers
Looking for commercial loans for outpatient mental health and substance abuse centers? The SBA may be the answer. This $10,000 outpatient mental health and substance abuse centers loan was issued by a Wisconsin bank.
This small business knew how to go about getting a business bank loan. Based in Hales Corners, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Park Bank, based in Brookfield, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: OUTPATIENT MENTAL HEALTH AND SUBSTANCE ABUSE CENTERS
HALES CORNERS, WI 53130
SBA Loan Lender
PARK BANK
15850 W BLUEMOUND RD
BROOKFIELD, WI 53005
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
621420 - Outpatient Mental Health and Substance Abuse Centers
Loan Approval Date
11/15/2005
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
The Art of Bootstrapping
SBA Banks in Brookfield, Wisconsin
Find an SBA Lender in Wisconsin