Wisconsin SBA Loan Issued to Collection Agencies Company

SBA loans in Wisconsin are hard to find these days. We take a look at one Wisconsin SBA loan, provided by a Wisconsin bank, that was approved by the SBA.

Getting a small business loan in Brookfield, Wisconsin was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from M&i Marshall & Ilsley Bank. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: COLLECTION AGENCIES
BROOKFIELD, WI 53005

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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.

NAICS Code

561440 - Collection Agencies

Loan Approval Date

1/31/2007

Loan Approval Gross Amount

$32,400

Loan Approval from the SBA

Of the total $32,400 loan amount, the SBA guaranteed $27,540.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $32,400. How would you spend $32,400 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:

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SBA 7A Lenders in Milwaukee, Wisconsin

Getting a Business Loan in Wisconsin