Transportation Equipment Manufacturing SBA Loans
Looking for SBA loans for transportation equipment manufacturing? An SBA loan may be just what you've been looking for. This $458,438 transportation equipment manufacturing loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brookfield, Wisconsin was able to borrow $458,438 from First Business Bank-Milwaukee. The SBA made the loan possible by guaranteeing $343,829 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: TRANSPORTATION EQUIPMENT
BROOKFIELD, WI 53045
SBA Loan Lender
FIRST BUSINESS BANK-MILWAUKEE
18500 W CORPORATE DR
BROOKFIELD, WI 53045
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3799 - Transportation Equipment
NAICS Code
336999 - Transportation Equipment Manufacturing
Loan Approval Date
10/21/2003
Loan Approval Gross Amount
$458,438
Loan Approval from the SBA
Of the total $458,438 loan amount, the SBA guaranteed $343,829.
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 14 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Brookfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
SBIR Funding
SBA Participating Banks in Brookfield, Wisconsin
Getting an SBA Loan in Wisconsin