Getting an SBA Loan for Softwood Veneer and Plywood Manufacturing

With these commercial loans for softwood veneer and plywood manufacturing, the SBA guarantees the lender that the loan will be repaid. This softwood veneer and plywood manufacturing loan for $419,000 was given to a Wisconsin entrepreneur in 2001.

Getting a small business loan in Independence, Wisconsin was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Associated Bank, operating out of Minneapolis, Minnesota. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: SOFTWOOD VENEER AND PLYWOOD MANUFACTURING
INDEPENDENCE, WI 54747

SBA Loan Lender

ASSOCIATED BANK
740 MARQUETTE AVE
MINNEAPOLIS, MN 55402

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

321212 - Softwood Veneer and Plywood Manufacturing

Loan Approval Date

10/4/2001

Loan Approval Gross Amount

$419,000

Loan Approval from the SBA

Of the total $419,000 loan amount, the SBA guaranteed $314,250.

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 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Obtaining Funding - How to Decide How Much to Raise

Banks in Minneapolis, Minnesota

Minnesota SBA 7A Lenders