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May 2, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Glendale, Business Loans > Associated Bank Glendale Business Loans > Garment Pressing And Cleaners Agents For Laundries Loan | ||||
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How to Get SBA Money in Milwaukee, Wisconsin
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Associated Bank Gives Business Loan to Garment Pressing And Cleaners Agents For Laundries CompanyWould a Wisconsin business loan help your company expand? If so, you may want to talk with this Wisconsin bank, which offers SBA loans to Wisconsin entrepreneurs. This company, based in Milwaukee, 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 Associated Bank. We've got the inside scoop on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: GARMENT PRESSING AND CLEANERS AGENTS FOR LAUNDRIES SBA Loan Lender ASSOCIATED BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7212 - Garment Pressing and Cleaners Agents for Laundries NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 9/28/2004 Loan Approval Gross Amount $186,027 Loan Approval from the SBA Of the total $186,027 loan amount, the SBA guaranteed $139,520. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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: Role of Business Plan When Raising Money Best Glendale, Wisconsin Banks for Small Business
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