Manufacturing Commercial Loans

With these commercial loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $142,000 was given to a Wisconsin entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hartland, Wisconsin was able to borrow $142,000 from Mwbank. The SBA made the loan possible by guaranteeing $120,700 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
HARTLAND, WI 53029

SBA Loan Lender

MWBANK
W178 N9358 WATER TOWER PLACE
MENOMONEE FALLS, WI 53051

This lender issued this debt financing under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0781 - Landscape Counseling and Planning

NAICS Code

339999 - Manufacturing

Loan Approval Date

1/18/2006

Loan Approval Gross Amount

$142,000

Loan Approval from the SBA

Of the total $142,000 loan amount, the SBA guaranteed $120,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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 $142,000 loan. Remember, things become real when you believe you can achieve them!

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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