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May 12, 2024  
 
 
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Loan Census SBA Loan Info

Commercial and Institutional Building Construction Loans

Looking for loans for commercial and institutional building construction? Talk to a banker who works with the SBA. This $150,000 commercial and institutional building construction loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Investorsbank, out of Waukesha, Wisconsin. The loan was granted and they received $150,000 to help grow their New Berlin, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: GENERAL CONTRACTING FOR NONRESIDENTIAL BUILDINGS
NEW BERLIN, WI 53151

SBA Loan Lender

INVESTORSBANK
W 239 N 1700 BUSSE RD
WAUKESHA, WI 53188

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1542 - General Contracting for Nonresidential Buildings

NAICS Code

233320 - Commercial and Institutional Building Construction

Loan Approval Date

9/5/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 10 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in New Berlin WI, you ought to talk with a local New Berlin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Berlin businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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