Oconomowoc, Wisconsin Bank Lends Money to Child Day Care Services Company in Milwaukee, Wisconsin

Get business loans from an Oconomowoc, 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 Bank Financial Centre is a Oconomowoc, 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: CHILD DAY CARE SERVICES
MILWAUKEE, WI 53225

SBA Loan Lender

FIRST BANK FINANCIAL CENTRE
155 W WISCONSIN AVE
OCONOMOWOC, WI 53066

This lender issued this SBA bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began 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

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

6/23/2005

Loan Approval Gross Amount

$175,957

Loan Approval from the SBA

Of the total $175,957 loan amount, the SBA guaranteed $131,967.

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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $175,957 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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SBA Participating Banks in Oconomowoc, Wisconsin

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