How to Get a Loan for Manufacturing

Looking for business loans for manufacturing? Try the SBA. This $183,500 manufacturing loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Ozaukee Bank, out of Mequon, Wisconsin. The loan was granted and they received $183,500 to help grow their Mequon, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING INDUSTRIES
MEQUON, WI 53092

SBA Loan Lender

OZAUKEE BANK
1425 W MEQUON RD
MEQUON, WI 53092

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

5/1/2006

Loan Approval Gross Amount

$183,500

Loan Approval from the SBA

Of the total $183,500 loan amount, the SBA guaranteed $137,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ozaukee Bank 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:

Alternative Financing

Where to Get an SBA Loan in Mequon, Wisconsin

Wisconsin SBA 7A Lenders