Getting an SBA Loan for Paint and Coating Manufacturing
Looking for SBA loans for paint and coating manufacturing? Talk to a banker who works with the SBA. This $285,000 paint and coating manufacturing loan was issued by a Wisconsin bank.
This business knew how to go about getting a business bank loan. Based in Oshkosh, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Associated Bank, based in Green Bay, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: PAINT AND COATING MANUFACTURING
OSHKOSH, WI 54901
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
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
325510 - Paint and Coating Manufacturing
Loan Approval Date
8/14/2002
Loan Approval Gross Amount
$285,000
Loan Approval from the SBA
Of the total $285,000 loan amount, the SBA guaranteed $213,750.
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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Associated Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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Where to Get an SBA Loan in Green Bay, Wisconsin
Wisconsin SBA Bank Lenders