Loans for Manufacturing
With these loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $150,000 was given to a Wisconsin entrepreneur in 2002.
Getting a small business loan in Blair, Wisconsin was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Union Bank Of Blair, operating out of Blair, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING INDUSTRIES
BLAIR, WI 54611
SBA Loan Lender
UNION BANK OF BLAIR
123 S URBERG AVE
BLAIR, WI 54616
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3999 - Manufacturing Industries
NAICS Code
339999 - Manufacturing
Loan Approval Date
9/25/2002
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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Getting a Small Business Loan
SBA 7A Banks in Blair, Wisconsin
SBA Participating Banks in Wisconsin