Financing for Plumbing, Heating, and Air Conditioning Contractors
With these commercial loans for plumbing, heating, and air conditioning contractors, the SBA guarantees the lender that the loan will be repaid. This plumbing, heating, and air conditioning contractors loan for $715,750 was given to a Wisconsin entrepreneur in 2005.
Getting a small business loan in Milwaukee, Wisconsin was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Tcf National Bank, operating out of Wayzata, Minnesota. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
MILWAUKEE, WI 53208
SBA Loan Lender
TCF NATIONAL BANK
200 LAKE ST EAST
WAYZATA, MN 55391
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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
1711 - Plumbing, Heating, and Air-Conditioning
NAICS Code
235110 - Plumbing, Heating, and Air Conditioning Contractors
Loan Approval Date
1/21/2005
Loan Approval Gross Amount
$715,750
Loan Approval from the SBA
Of the total $715,750 loan amount, the SBA guaranteed $536,813.
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 58 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $715,750. How would you spend $715,750 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
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SBA 7A Banks in Wayzata, Minnesota
Getting a Business Loan in Minnesota