How to Get a Loan for Plumbing, Heating, and Air-Conditioning Contractors
Looking for commercial loans for plumbing, heating, and air-conditioning contractors? An SBA loan may be just what you've been looking for. This $233,700 plumbing, heating, and air-conditioning contractors loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Jackson, Wisconsin was able to borrow $233,700 from M&i Marshall & Ilsley Bank. The SBA made the loan possible by guaranteeing $175,275 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
JACKSON, WI 53037
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
3/8/2005
Loan Approval Gross Amount
$233,700
Loan Approval from the SBA
Of the total $233,700 loan amount, the SBA guaranteed $175,275.
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 16 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 Borrow Money
Where to Get an SBA Loan in Milwaukee, Wisconsin
SBA Wisconsin Lenders