Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Burlington, Wisconsin Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Burlington, Wisconsin Lender Lends Money to Digital Printing Company

Get SBA loans from a Burlington, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First Banking Center is a Burlington, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.

SBA Loan Borrower

COMPANY TYPE: DIGITAL PRINTING
KENOSHA, WI 53140

SBA Loan Lender

FIRST BANKING CENTER
400 MILWAUKEE AVE
BURLINGTON, WI 53105

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323115 - Digital Printing

Loan Approval Date

5/20/2004

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Banking Center that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

SBIR Funding

Good Banks for Small Business in Burlington, Wisconsin

Wisconsin SBA 7A Banks