Oconomowoc, Wisconsin Bank Gives SBA Loan to Broadwoven Fabric Mills, Wool (inc Dyeing And Fini Company

Want to talk with an Oconomowoc, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by an Oconomowoc bank, that was approved by the SBA.

Applying for an SBA loan with First Bank Financial Centre worked out well for our friends at one local business in Ashippun, Wisconsin. They got an SBA loan for $307,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: BROADWOVEN FABRIC MILLS, WOOL (INC DYEING AND FINI
ASHIPPUN, WI 53003

SBA Loan Lender

FIRST BANK FINANCIAL CENTRE
155 W WISCONSIN AVE
OCONOMOWOC, WI 53066

This lender issued this bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2231 - Broadwoven Fabric Mills, Wool (Inc Dyeing and Fini

NAICS Code

314999 - Textile Product Mills

Loan Approval Date

11/26/2004

Loan Approval Gross Amount

$307,000

Loan Approval from the SBA

Of the total $307,000 loan amount, the SBA guaranteed $230,250.

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 6 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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:

Bank Credit Lines

SBA Approved Banks in Oconomowoc, Wisconsin

Wisconsin SBA 7A Lenders