Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Small Business Banks in Wisconsin

 

 
Loan Census SBA Loan Info

Loans for Manufactured Home Dealers

Looking for loans for manufactured home dealers? Try the SBA. This $272,100 manufactured home dealers loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Lyndon Station, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURED HOME DEALERS
Lyndon Station, WI 53944

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453930 - Manufactured Home Dealers

Loan Approval Date

6/13/2007

Loan Approval Gross Amount

$272,100

Loan Approval from the SBA

Of the total $272,100 loan amount, the SBA guaranteed $204,075.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the borrowed money would help create 4 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like M&i Marshall & Ilsley Bank and they will explain how you can get an SBA loan for your company.

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:

Accountant's Role in Securing Financing

SBA 7A Lenders in Milwaukee, Wisconsin

Wisconsin SBA Bank Lenders