Business Loans for Metal Stamping
With these business loans for metal stamping, the SBA guarantees the lender that the loan will be repaid. This metal stamping loan for $300,000 was given to a Wisconsin entrepreneur in 2008.
This small business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Bank First National, out of Manitowoc, Wisconsin. The loan was granted and they received $300,000 to help grow their Plymouth, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: METAL STAMPING
PLYMOUTH, WI 53073
SBA Loan Lender
BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
332116 - Metal Stamping
Loan Approval Date
1/15/2008
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 Bank First National 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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Wisconsin SBA 7A Banks