Loan Census Banking News and Information
May 13, 2024  
 
 
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Who Lends Money to Waukesha Business Owners

 

 
Loan Census SBA Loan Info

Waukesha, Wisconsin Entrepreneur Gets a Small Business Loan

Want a Wisconsin small business loan? This Wisconsin entrepreneur got a small business loan, provided by a Wisconsin bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Waukesha, Wisconsin by studying this loan to a local company, made back in 2006. Banks like Citizens Bank Of Mukwonago may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
WAUKESHA, WI 53186

SBA Loan Lender

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

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

524210 - Insurance Agencies and Brokerages

Loan Approval Date

2/10/2006

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $57,500.

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 only one employee. This SBA loan request indicated that the funding would help generate 1 new job.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $115,000 loan. Remember, things become real when you believe you can achieve them!

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:

A Company That Helps Entrepreneurs

Where to Get an SBA Loan in Mukwonago, Wisconsin

SBA Participating Banks in Wisconsin