Get an SBA Loan for Bolt, Nut, Screw, Rivet, and Washer Manufacturing

With these bank loans for bolt, nut, screw, rivet, and washer manufacturing, the SBA guarantees the lender that the loan will be repaid. This bolt, nut, screw, rivet, and washer manufacturing loan for $80,000 was given to a Wisconsin entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Marinette, Wisconsin was able to borrow $80,000 from Stephenson National Bank & Tr. The SBA made the loan possible by guaranteeing $68,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: BOLTS, NUTS, SCREWS, RIVETS, AND WASHERS
MARINETTE, WI 54143

SBA Loan Lender

STEPHENSON NATIONAL BANK & TR
1820 HALL AVE
MARINETTE, WI 54143

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3452 - Bolts, Nuts, Screws, Rivets, and Washers

NAICS Code

332722 - Bolt, Nut, Screw, Rivet, and Washer Manufacturing

Loan Approval Date

1/3/2003

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Stephenson National Bank & Tr that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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

Banks in Marinette, Wisconsin

Wisconsin SBA 7A Banks