Financing for Manufacturing
With these loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $500,000 was given to a Wisconsin entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kaukauna, Wisconsin was able to borrow $500,000 from Citizens Bank. The SBA made the loan possible by guaranteeing $375,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING INDUSTRIES
KAUKAUNA, WI 54130
SBA Loan Lender
CITIZENS BANK
205 E 4TH ST PLZ
KAUKAUNA, WI 54130
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3999 - Manufacturing Industries
NAICS Code
339999 - Manufacturing
Loan Approval Date
1/30/2003
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
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 12 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $500,000. How would you spend $500,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
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Who Lends Money to Small Businesses in Kaukauna, Wisconsin
Wisconsin SBA 7A Lenders