Loans for General Warehousing and Storage

Looking for loans for general warehousing and storage? An SBA loan may be just what you've been looking for. This $470,000 general warehousing and storage loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Mitchell Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $470,000 to help grow their Greendale, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: GENERAL WAREHOUSING AND STORAGE
GREENDALE, WI 53129

SBA Loan Lender

MITCHELL BANK
1039 W MITCHELL ST
MILWAUKEE, WI 53204

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4225 - General Warehousing and Storage

NAICS Code

493110 - General Warehousing and Storage

Loan Approval Date

10/17/2003

Loan Approval Gross Amount

$470,000

Loan Approval from the SBA

Of the total $470,000 loan amount, the SBA guaranteed $352,500.

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 documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $470,000 loan. Remember, where there is a will, there is a way!

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:

Small Business Loan

SBA 7A Banks in Milwaukee, Wisconsin

Wisconsin SBA 7A Lenders