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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Kenosha, Business Loans > First Banking Center Kenosha Business Loans > Bread, Cake, And Related Bakery Products Loan | ||||
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SBA 7A Banks for Small Business Owners in Wisconsin
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First Banking Center Gives Business Loan to Bread, Cake, And Related Bakery Products CompanyLooking to get a Wisconsin bank loan? This Wisconsin entrepreneur got a bank loan, provided by a Wisconsin bank that works with the SBA to help small business owners. This small business, based in Kenosha, Wisconsin, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from First Banking Center. We've got the inside scoop on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: BREAD, CAKE, AND RELATED BAKERY PRODUCTS SBA Loan Lender FIRST BANKING CENTER This 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 2051 - Bread, Cake, and Related Bakery Products NAICS Code 445291 - Baked Goods Stores Loan Approval Date 12/10/2003 Loan Approval Gross Amount $305,625 Loan Approval from the SBA Of the total $305,625 loan amount, the SBA guaranteed $229,219. 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 18 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $305,625 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. Related Links: Small Bank Loans in Kenosha, Wisconsin
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