Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Mukwonago, Wisconsin Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Ophthalmic Goods Manufacturing

Looking for small business loans for ophthalmic goods manufacturing? Talk to a banker who works with the SBA. This $62,000 ophthalmic goods manufacturing loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Mukwonago, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Citizens Bank Of Mukwonago, based in Mukwonago, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: OPTICAL GOODS STORES
MUKWONAGO, WI 53149

SBA Loan Lender

CITIZENS BANK OF MUKWONAGO
301 N ROCHESTER ST
MUKWONAGO, WI 53149

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5995 - Optical Goods Stores

NAICS Code

339115 - Ophthalmic Goods Manufacturing

Loan Approval Date

11/1/2000

Loan Approval Gross Amount

$62,000

Loan Approval from the SBA

Of the total $62,000 loan amount, the SBA guaranteed $49,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $62,000 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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