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April 29, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > Layton State Bank Milwaukee Business Loans > Jewelry Stores Loan | ||||
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We Needed an SBA Loan in Milwaukee, Wisconsin and We Got One!
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Small Business Loans for Jewelry StoresLooking for small business loans for jewelry stores? The SBA may be the answer. This $15,000 jewelry stores loan was issued by a Wisconsin bank. This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Layton State Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $15,000 to help grow their Milwaukee, Wisconsin business. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender LAYTON STATE BANK 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 448310 - Jewelry Stores Loan Approval Date 9/28/2005 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks for Milwaukee, Wisconsin Loans
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