Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

Baylake Bank New Franken

 

 
Loan Census SBA Loan Info

Baylake Bank SBA Loan to Sign Manufacturing Company

An SBA loan from Baylake Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a New Franken, Wisconsin business owner got a $186,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Franken, Wisconsin was able to borrow $186,000 from Baylake Bank. The SBA made the loan possible by guaranteeing $139,500 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
NEW FRANKEN, WI 54229

SBA Loan Lender

BAYLAKE BANK
217 N 4TH AVE
STURGEON BAY, WI 54235

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

8/11/2005

Loan Approval Gross Amount

$186,000

Loan Approval from the SBA

Of the total $186,000 loan amount, the SBA guaranteed $139,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a 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 retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Where to Get an SBA Loan in Sturgeon Bay, Wisconsin

Wisconsin SBA 7A Lenders