Madison, Wisconsin Bank Gives SBA Loan to Machine Tool Manufacturing Company
Get to know Madison, Wisconsin banks that specialize in business loans and know how to work with entrepreneurs. Wisconsin Community Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Green Bay, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Wisconsin Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MACHINE TOOL MANUFACTURING
GREEN BAY, WI 54307
SBA Loan Lender
WISCONSIN COMMUNITY BANK
8240 MINERAL POINT RD
MADISON, WI 53719
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
333512 - Machine Tool Manufacturing
Loan Approval Date
11/4/2004
Loan Approval Gross Amount
$525,000
Loan Approval from the SBA
Of the total $525,000 loan amount, the SBA guaranteed $393,750.
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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Family and Friend Investors - Your First Financiers
Best Madison, Wisconsin Banks for Small Business
Wisconsin SBA Banks