M&i Marshall & Ilsley Bank SBA Loan to Floor Covering Stores Company
M&i Marshall & Ilsley Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Wisconsin entrepreneur who tapped into the power of SBA loans.
This growing company knew how to go about getting a business bank loan. Based in Onalaska, Wisconsin, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: FLOOR COVERING STORES
ONALASKA, WI 54650
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
442210 - Floor Covering Stores
Loan Approval Date
9/23/2005
Loan Approval Gross Amount
$24,600
Loan Approval from the SBA
Of the total $24,600 loan amount, the SBA guaranteed $12,300.
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 only one employee. The loan application indicated that the funding would help create 1 new job.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Onalaska WI, you ought to talk with a local Onalaska SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Onalaska businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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.
Related Links:
Understanding Dilution
Where to Get an SBA Loan in Milwaukee, Wisconsin
Getting an SBA Loan in Wisconsin