Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Business Loans from Cornerstone Community Bank

 

 
Loan Census SBA Loan Info

Wautoma, Wisconsin Business Gets SBA-Guaranteed Funding from Cornerstone Community Bank

Cornerstone Community Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Wautoma, Wisconsin, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Cornerstone Community Bank, based in Grafton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
WAUTOMA, WI 54982

SBA Loan Lender

CORNERSTONE COMMUNITY BANK
2090 WISCONSIN AVE
GRAFTON, WI 53024

This lender provides SBA commercial loans 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

446199 - Health and Personal Care Stores

Loan Approval Date

7/12/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 44 employees. This SBA loan request indicated that the loan would help retain 44 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Obtaining Funding From a Venture Capitalist

SBA 7A Lenders in Grafton, Wisconsin

SBA Participating Banks in Wisconsin