Get an SBA Loan for Perishable Prepared Food Manufacturing

With these small business loans for perishable prepared food manufacturing, the SBA guarantees the lender that the loan will be repaid. This perishable prepared food manufacturing loan for $144,000 was given to a Wisconsin entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Brookfield, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Park Bank, based in Brookfield, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PERISHABLE PREPARED FOOD MANUFACTURING
BROOKFIELD, WI 53005

SBA Loan Lender

PARK BANK
15850 W BLUEMOUND RD
BROOKFIELD, WI 53005

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311991 - Perishable Prepared Food Manufacturing

Loan Approval Date

5/10/2005

Loan Approval Gross Amount

$144,000

Loan Approval from the SBA

Of the total $144,000 loan amount, the SBA guaranteed $122,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower did not indicate that the company promised 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?

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

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 $144,000 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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