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May 16, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Port Washington, Business Loans > Port Washington State Bank Port Washington Business Loans > Schools And Educational Services Loan | ||||
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Wisconsin SBA Lenders
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Port Washington, Wisconsin Bank Lends Money to Schools And Educational Services Company in Saukville, WisconsinWant to talk with a Port Washington, Wisconsin bank about a small business loan? Here's one Wisconsin business loan, issued by a Port Washington bank, that was approved by the SBA. Applying for an SBA loan with Port Washington State Bank worked out well for our friends at one local company in Saukville, Wisconsin. They received an SBA loan for $136,150. Nice! SBA Loan Borrower COMPANY TYPE: SCHOOLS AND EDUCATIONAL SERVICES SBA Loan Lender PORT WASHINGTON STATE BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8299 - Schools and Educational Services NAICS Code 611699 - Schools and Instruction Loan Approval Date 1/26/2007 Loan Approval Gross Amount $136,150 Loan Approval from the SBA Of the total $136,150 loan amount, the SBA guaranteed $115,728. 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 8 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Port Washington State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Advice on Getting a Small Business Loan SBA 7A Banks in Port Washington, Wisconsin
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