Where to Get Capital for Manufacturing

With these SBA loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $200,000 was given to a Wisconsin entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Menomonee Falls, Wisconsin was able to borrow $200,000 from First Business Bank-Milwaukee. The SBA made the loan possible by guaranteeing $150,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
MENOMONEE FALLS, WI 53051

SBA Loan Lender

FIRST BUSINESS BANK-MILWAUKEE
18500 W CORPORATE DR
BROOKFIELD, WI 53045

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3999 - Manufacturing Industries

NAICS Code

339999 - Manufacturing

Loan Approval Date

12/20/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Startup Funding Tip

Who Lends Money to Small Businesses in Brookfield, Wisconsin

SBA Wisconsin Lenders