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May 15, 2024  
 
 
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Middleton Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Middleton, Wisconsin Bank to Get an SBA Loan

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

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

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
WAUNAKEE, WI 53597

SBA Loan Lender

MIDDLETON COMMUNITY BANK
3207 PARMENTER ST
MIDDLETON, WI 53562

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

4/27/2001

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. This loan was not for a franchise. At the time of the loan, the company had 16 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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 $150,000 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:

The Art of Bootstrapping

SBA 7A Banks in Middleton, Wisconsin

Wisconsin SBA 7A Lenders