SBA Loans for Manufacturing

Looking for SBA loans for manufacturing? An SBA loan may be just what you've been looking for. This $250,000 manufacturing loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Lake Geneva, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Banking Center, based in Lake Geneva, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
LAKE GENEVA, WI 53147

SBA Loan Lender

FIRST BANKING CENTER
567 BROAD ST
LAKE GENEVA, WI 53147

This 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

3/15/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 50 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Banking Center had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Banking Center made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Credit Cards

SBA 7A Lenders in Lake Geneva, Wisconsin

Wisconsin SBA 7A Lenders