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

Delafield, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Business Loans for Polish and Sanitation Good Manufacturing

Looking for business loans for polish and sanitation good manufacturing? Talk to a banker who works with the SBA. This $180,000 polish and sanitation good manufacturing loan was issued by a Wisconsin bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Delafield, Wisconsin was able to borrow $180,000 from Waukesha State Bank. The SBA made the loan possible by guaranteeing $135,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: POLISH AND SANITATION GOOD MANUFACTURING
DELAFIELD, WI 53018

SBA Loan Lender

WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325612 - Polish and Sanitation Good Manufacturing

Loan Approval Date

4/27/2001

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the borrowed money would help generate 4 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Waukesha State Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Business Cash Advances

Small Bank Loans in Waukesha, Wisconsin

Wisconsin SBA 7A Lenders