Company Gets a Wisconsin SBA Loan
Want a Wisconsin SBA loan? This Wisconsin entrepreneur got an SBA loan, provided by a Wisconsin bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Menasha, Wisconsin by studying this loan to a local business, made back in 2001. Banks like North Shore Bank, Fsb may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: PRIMARY NONFERROUS METAL SMELTING AND REFINING
MENASHA, WI 54952
SBA Loan Lender
NORTH SHORE BANK, FSB
15700 W BLUEMOUND RD
BROOKFIELD, WI 53005
This bank 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
3339 - Primary Nonferrous Metal Smelting and Refining
NAICS Code
331221 - Rolled Steel Shape Manufacturing
Loan Approval Date
6/4/2001
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
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 4 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 make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $225,000 loan. Remember, you control your own destiny.
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.
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