Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Minnesota SBA Lenders

 

 
Loan Census SBA Loan Info

Minneapolis, Minnesota Bank Lends Money to Eating Places Company in Germantown, Wisconsin

Want to talk with a Minneapolis, Minnesota bank about an SBA loan? Here's one Wisconsin business loan, issued by a Minneapolis bank, that was approved by the SBA.

Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local business in Germantown, Wisconsin. They got an SBA loan for $280,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
GERMANTOWN, WI 53022

SBA Loan Lender

WELLS FARGO BANK
1455 W LAKE ST
MINNEAPOLIS, MN 55408

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

10/16/2000

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

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 30 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Germantown WI, you ought to talk with a local Germantown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Germantown 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:

Obtaining Funding - How to Borrow Money

SBA Banks in Minneapolis, Minnesota

SBA Minnesota Banks