M&i Marshall & Ilsley Bank SBA Loan to Unsupported Plastics Profile Shapes Manufacturing Company
M&i Marshall & Ilsley Bank has a track record as a leading provider of SBA loans. Find out how this Minnesota entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with M&i Marshall & Ilsley Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $850,000 to help grow their Minnetonka, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES MANUFACTURING
Minnetonka, MN 55343
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
326121 - Unsupported Plastics Profile Shapes Manufacturing
Loan Approval Date
3/8/2007
Loan Approval Gross Amount
$850,000
Loan Approval from the SBA
Of the total $850,000 loan amount, the SBA guaranteed $637,500.
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 53 employees. The SBA loan documents indicated that the loan would help retain 53 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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