Raising Money for Food Product Machinery Manufacturing

With these business loans for food product machinery manufacturing, the SBA guarantees the lender that the loan will be repaid. This food product machinery manufacturing loan for $268,800 was given to a Wisconsin entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Dorchester, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Marshfield Savings Bank, based in Marshfield, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: FOOD PRODUCT MACHINERY MANUFACTURING
DORCHESTER, WI 54425

SBA Loan Lender

MARSHFIELD SAVINGS BANK
207 W SIXTH ST
MARSHFIELD, WI 54449

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

333294 - Food Product Machinery Manufacturing

Loan Approval Date

12/21/2007

Loan Approval Gross Amount

$268,800

Loan Approval from the SBA

Of the total $268,800 loan amount, the SBA guaranteed $134,400.

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 9 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 9 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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Wisconsin SBA Bank Lenders