Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Chippewa Falls, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Plumbing, Heating, and Air-Conditioning Contractors Bank Loans

Looking for bank loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $200,000 plumbing, heating, and air-conditioning contractors loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Chippewa Falls, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
CHIPPEWA FALLS, WI 54729

SBA Loan Lender

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

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

6/20/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Chippewa Falls WI, you ought to talk with a local Chippewa Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chippewa Falls businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from M&i Marshall & Ilsley Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Debt Financing

Small Bank Loans in Milwaukee, Wisconsin

Getting an SBA Loan in Wisconsin