Borrowing Money for Vitreous China, Fine Earthenware, and Pottery Manufacturing
Looking for bank loans for vitreous china, fine earthenware, and pottery manufacturing? An SBA loan may be just what you've been looking for. This $15,000 vitreous china, fine earthenware, and pottery manufacturing loan was issued by a Wisconsin bank.
Getting a small business loan in Lake Geneva, Wisconsin was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Banking Center, operating out of Burlington, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: POTTERY PRODUCTS
LAKE GENEVA, WI 53190
SBA Loan Lender
FIRST BANKING CENTER
400 MILWAUKEE AVE
BURLINGTON, WI 53105
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3269 - Pottery Products
NAICS Code
327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing
Loan Approval Date
4/15/2003
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $12,750.
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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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:
Debt Financing
SBA 7A Banks for Burlington, Wisconsin Loans
SBA Lenders in Wisconsin