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May 17, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sheboygan, Business Loans > Community Bank & Trust Sheboygan Business Loans > Drinking Places Loan | ||||
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SBA Lender Sheboygan
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Sheboygan, Wisconsin Lender Lends Money to Drinking Places CompanyThinking about meeting with a Sheboygan, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Sheboygan bank, that was approved by the SBA. Applying for an SBA loan with Community Bank & Trust worked out well for our friends at one local company in Plymouth, Wisconsin. They got an SBA loan for $246,000. Awesome! SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender COMMUNITY BANK & TRUST 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 722410 - Drinking Places Loan Approval Date 9/1/2006 Loan Approval Gross Amount $246,000 Loan Approval from the SBA Of the total $246,000 loan amount, the SBA guaranteed $184,500. 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. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Plymouth or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Sheboygan, Wisconsin Find an SBA Lender in Wisconsin
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