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May 6, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Waukesha, Business Loans > Investorsbank Waukesha Business Loans > Painting And Paper Hanging Loan | ||||
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Investorsbank SBA Loans
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Milwaukee, Wisconsin Business Gets SBA-Guaranteed Funding from InvestorsbankAn SBA loan from Investorsbank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Milwaukee, Wisconsin business owner got a $821,566 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Milwaukee, Wisconsin was able to borrow $821,566 from Investorsbank. The SBA made the loan possible by guaranteeing $616,175 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: PAINTING AND PAPER HANGING SBA Loan Lender INVESTORSBANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1721 - Painting and Paper Hanging NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 7/30/2001 Loan Approval Gross Amount $821,566 Loan Approval from the SBA Of the total $821,566 loan amount, the SBA guaranteed $616,175. 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 45 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Investorsbank and they will explain how you can get an SBA loan for your company. 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: Best Banks in Waukesha, Wisconsin
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