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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > M&i Marshall & Ilsley Bank Milwaukee Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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Tips for Business Owners On Getting a Loan
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Where to Get Capital for Cut Stone and Stone Product ManufacturingLooking for small business loans for cut stone and stone product manufacturing? An SBA loan may be just what you've been looking for. This $391,000 cut stone and stone product manufacturing loan was issued by a Wisconsin bank. This company knew how to go about getting a business bank loan. Based in Green Bay, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin. SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender M&I MARSHALL & ILSLEY BANK This lender provides SBA debt financing 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 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 7/15/2004 Loan Approval Gross Amount $391,000 Loan Approval from the SBA Of the total $391,000 loan amount, the SBA guaranteed $293,250. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $391,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Milwaukee, Wisconsin
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