SBA Loan from M&i Marshall & Ilsley Bank Helps Tradebinding And Related Work Company
M&i Marshall & Ilsley Bank has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Phoenix, Arizona, 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: TRADEBINDING AND RELATED WORK
PHOENIX, AZ 85019
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
323121 - Tradebinding and Related Work
Loan Approval Date
2/7/2005
Loan Approval Gross Amount
$475,000
Loan Approval from the SBA
Of the total $475,000 loan amount, the SBA guaranteed $356,250.
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 24 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 24 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Choosing VC Firms
SBA 7A Banks in Milwaukee, Wisconsin
Wisconsin SBA 7A Lenders