Fabricated Metal Product Manufacturing Commercial Loans
With these commercial loans for fabricated metal product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated metal product manufacturing loan for $15,000 was given to a Wisconsin entrepreneur in 2000.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Hometown Bank, out of Fond Du Lac, Wisconsin. The loan was granted and they received $15,000 to help grow their Champbellsport, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCTS
CHAMPBELLSPORT, WI 53010
SBA Loan Lender
HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3499 - Fabricated Metal Products
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
11/2/2000
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $12,000.
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 only one employee. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Choosing VC Firms
Small Business Banks in Fond Du Lac, Wisconsin
Wisconsin SBA Banks