Madison, Wisconsin Bank Lends Money to Metal Coating, Engraving And Allied Services Company in Jackson, Wisconsin
Want to talk with a Madison, Wisconsin bank about an SBA loan? Here's one Wisconsin business loan, issued by a Madison bank, that was approved by the SBA.
Applying for an SBA loan with Wisconsin Community Bank worked out well for our friends at one local company in Jackson, Wisconsin. The business was able to get an SBA loan for $150,000. Great job!
SBA Loan Borrower
COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
JACKSON, WI 53037
SBA Loan Lender
WISCONSIN COMMUNITY BANK
8240 MINERAL POINT RD
MADISON, WI 53719
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
332812 - Metal Coating, Engraving and Allied Services
Loan Approval Date
6/21/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 45 employees. The SBA loan application for the borrower indicated that the loan would help retain 45 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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