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May 4, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Grafton, Business Loans > Cornerstone Community Bank Grafton Business Loans > Packaged Frozen Food Merchant Wholesalers Loan | ||||
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Milwaukee, Wisconsin Bank Loan
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Wisconsin Small Business Loan Issued to Packaged Frozen Food Merchant Wholesalers CompanyWisconsinSmall business loans are available to Wisconsin small business owners through the SBA. In this case, a Wisconsin bank provides the loan. Getting a small business loan in Milwaukee, Wisconsin was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Cornerstone Community Bank. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: PACKAGED FROZEN FOOD MERCHANT WHOLESALERS SBA Loan Lender CORNERSTONE COMMUNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424420 - Packaged Frozen Food Merchant Wholesalers Loan Approval Date 5/11/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 2 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Grafton, Wisconsin
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