SBA Loan from M&i Marshall & Ilsley Bank Helps Home Health Care Services Company

An SBA loan from M&i Marshall & Ilsley Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Coon Rapids (rr Name Coon Cree, Minnesota business owner got a $361,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with M&i Marshall & Ilsley Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $361,000 to help grow their Coon Rapids (rr Name Coon Cree, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
COON RAPIDS (RR NAME COON CREE, MN 55433

SBA Loan Lender

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

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

9/19/2003

Loan Approval Gross Amount

$361,000

Loan Approval from the SBA

Of the total $361,000 loan amount, the SBA guaranteed $270,750.

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 80 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Coon Rapids (rr Name Coon Cree MN, you ought to talk with a local Coon Rapids (rr Name Coon Cree SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coon Rapids (rr Name Coon Cree businesses.

We can help you find the best banks for small businesses in Coon Rapids (rr Name Coon Cree 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.

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