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April 30, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Brookfield, Business Loans > Park Bank Brookfield Business Loans > Automobile Driving Schools Loan | ||||
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Banks Doing SBA Loans in Wisconsin
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Brookfield, Wisconsin Bank Gives SBA Loan to Automobile Driving Schools CompanyWant to talk with a Brookfield, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Brookfield bank, that was approved by the SBA. Applying for an SBA loan with Park Bank worked out well for our friends at one local company in Milwaukee, Wisconsin. The business was able to get an SBA loan for $100,000. Great job! SBA Loan Borrower COMPANY TYPE: AUTOMOBILE DRIVING SCHOOLS SBA Loan Lender PARK BANK This SBA 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. NAICS Code 611692 - Automobile Driving Schools Loan Approval Date 11/23/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Banking Deregulation's Effects on Entrepreneurship Good Banks for Small Business in Brookfield, Wisconsin Getting a Business Loan in Wisconsin
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