Bank Loans for Dairy Cattle and Milk Production

Looking for bank loans for dairy cattle and milk production? Try the SBA. This $1,043,000 dairy cattle and milk production loan was issued by a Wisconsin bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denmark, Wisconsin was able to borrow $1,043,000 from Bank Of Luxemburg. The SBA made the loan possible by guaranteeing $782,250 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: DAIRY FARMS
DENMARK, WI 54208

SBA Loan Lender

BANK OF LUXEMBURG
630 MAIN ST
LUXEMBURG, WI 54217

This SBA bank 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

0241 - Dairy Farms

NAICS Code

112120 - Dairy Cattle and Milk Production

Loan Approval Date

4/25/2001

Loan Approval Gross Amount

$1,043,000

Loan Approval from the SBA

Of the total $1,043,000 loan amount, the SBA guaranteed $782,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Best Banks for Small Business in Luxemburg, Wisconsin

SBA Lenders in Wisconsin