Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Wisconsin SBA Lenders

 

 
Loan Census SBA Loan Info

Menomonee Falls, Wisconsin Bank Gives SBA Loan to Business Services Company

Get to know Menomonee Falls, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Mwbank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in New Berlin, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Mwbank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
NEW BERLIN, WI 53151

SBA Loan Lender

MWBANK
W178 N9358 WATER TOWER PLACE
MENOMONEE FALLS, WI 53051

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561499 - Business Support Services

Loan Approval Date

6/16/2003

Loan Approval Gross Amount

$331,094

Loan Approval from the SBA

Of the total $331,094 loan amount, the SBA guaranteed $248,321.

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 20 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Mwbank and they will explain how you can get an SBA loan for your company.

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:

Raising Venture Capital

Banks in Menomonee Falls, Wisconsin

SBA Wisconsin Lenders