Company Gets a Wisconsin SBA Loan
Want a Wisconsin SBA loan? This Wisconsin entrepreneur got an SBA loan, provided by a Wisconsin bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Honey Creek, Wisconsin by studying this loan to a local business, made back in 2004. Banks like Mwbank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GRAY AND DUCTILE IRON FOUNDRIES
HONEY CREEK, WI 53138
SBA Loan Lender
MWBANK
W178 N9358 WATER TOWER PLACE
MENOMONEE FALLS, WI 53051
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3321 - Gray and Ductile Iron Foundries
NAICS Code
331511 - Iron Foundries
Loan Approval Date
3/30/2004
Loan Approval Gross Amount
$574,575
Loan Approval from the SBA
Of the total $574,575 loan amount, the SBA guaranteed $430,931.
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 74 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees 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.
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 $574,575 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.
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