Getting an SBA Loan for Plastics Product Manufacturing

With these commercial loans for plastics product manufacturing, the SBA guarantees the lender that the loan will be repaid. This plastics product manufacturing loan for $685,000 was given to a Wisconsin entrepreneur in 2006.

This business knew how to go about getting a business bank loan. Based in Germantown, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Hometown Bank, based in Fond Du Lac, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
GERMANTOWN, WI 53022

SBA Loan Lender

HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326199 - Plastics Product Manufacturing

Loan Approval Date

8/24/2006

Loan Approval Gross Amount

$685,000

Loan Approval from the SBA

Of the total $685,000 loan amount, the SBA guaranteed $513,750.

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 44 employees. The SBA loan application for the borrower indicated that the loan would help generate 13 new jobs and retain 44 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hometown Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Financing Your Business

Small Bank Loans in Fond Du Lac, Wisconsin

Getting an SBA Loan in Wisconsin