Wisconsin Business Loan Issued to Manufacturing Industries Company

Would a Wisconsin small business loan help your small business to grow and prosper? If so, you may want to talk with this Wisconsin bank, which offers SBA loans to Wisconsin entrepreneurs.

Getting a small business loan in Madison, Wisconsin was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Oak Bank. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
MADISON, WI 53704

SBA Loan Lender

OAK BANK
5951 MCKEE RD, STE 100
FITCHBURG, WI 53719

This loan for a small business 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

561730 - Landscaping Services

Loan Approval Date

8/31/2004

Loan Approval Gross Amount

$327,500

Loan Approval from the SBA

Of the total $327,500 loan amount, the SBA guaranteed $245,625.

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 only one employee. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Understanding Dilution

SBA 7A Banks in Fitchburg, Wisconsin

SBA Wisconsin Lenders