Financing for Nonferrous Foundries
Looking for commercial loans for nonferrous foundries? The SBA may be the answer. This $70,000 nonferrous foundries loan was issued by a Wisconsin bank.
This small business knew how to go about getting a business bank loan. Based in Horicon, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Horicon Bank, based in Horicon, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: NONFERROUS FOUNDRIES
HORICON, WI 53032
SBA Loan Lender
HORICON BANK
326 E LAKE ST
HORICON, WI 53032
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3369 - Nonferrous Foundries
NAICS Code
331528 - Nonferrous Foundries
Loan Approval Date
3/29/2000
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $56,000.
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 11 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Financing Your Business
SBA 7A Lenders in Horicon, Wisconsin
Wisconsin SBA Bank Lenders