Waukesha, Wisconsin Bank Lends Money to Lawn And Garden Tractor And Home Lawn And Garden Equipment Manufacturing Company in Pewaukee, Wisconsin
Want to talk with a Waukesha, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Waukesha bank, that was approved by the SBA.
Applying for an SBA loan with Waukesha State Bank worked out well for our friends at one local business in Pewaukee, Wisconsin. They received an SBA loan for $300,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN TRACTOR AND HOME LAWN AND GARDEN EQUIPMENT MANUFACTURING
PEWAUKEE, WI 53072
SBA Loan Lender
WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
333112 - Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing
Loan Approval Date
2/16/2005
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 5 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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:
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SBA Banks in Waukesha, Wisconsin
Getting an SBA Loan in Wisconsin