Loan Census Banking News and Information
March 28, 2024  
 
 
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Milwaukee, Wisconsin Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Wow Cafe And Wingery Franchise

Borrowing money to purchase a Wow Cafe And Wingery franchise? Community Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Milwaukee, Wisconsin needed money to invest in a Wow Cafe And Wingery franchise back in 2006. Community Bank & Trust issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

WOW CAFE & WINERY MILWAUKEE
MILWAUKEE, WI 53210

SBA Loan Lender

COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/13/2006

Loan Approval Gross Amount

$538,000

Loan Approval from the SBA

Of the total $538,000 loan amount, the SBA guaranteed $403,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wow Cafe And Wingery franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 22 new jobs and retain 23 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Milwaukee WI, you ought to talk with a local Milwaukee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Milwaukee businesses.

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 $538,000 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.

Related Links:

WOW Cafe & Wingery Franchising, LLC

Startup Funding Tip

SBA Banks in Sheboygan, Wisconsin

Wisconsin SBA Banks