Loans for Jewelry Manufacturing
Looking for loans for jewelry manufacturing? Try the SBA. This $65,000 jewelry manufacturing loan was issued by a Wisconsin bank.
This small firm knew how to go about getting a business bank loan. Based in Monroe, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Banking Center, based in Monroe, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: COATING, ENGRAVING, AND ALLIED SERVICES
MONROE, WI 53566
SBA Loan Lender
FIRST BANKING CENTER
101 7TH ST
MONROE, WI 53566
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3479 - Coating, Engraving, and Allied Services
NAICS Code
339911 - Jewelry Manufacturing
Loan Approval Date
2/1/2002
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $55,250.
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 only one employee. The loan application did not indicate that the business promised to use the loan proceeds 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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Banking Center and they will explain how you can get an SBA loan for your company.
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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