SBA Loan from M&i Marshall & Ilsley Bank Helps Engineering Services Company
M&i Marshall & Ilsley Bank has a track record as a leading provider of SBA loans. Find out how this Wisconsin entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rothschild, Wisconsin was able to borrow $53,000 from M&i Marshall & Ilsley Bank. The SBA made the loan possible by guaranteeing $45,050 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
ROTHSCHILD, WI 54474
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
541330 - Engineering Services
Loan Approval Date
6/7/2002
Loan Approval Gross Amount
$53,000
Loan Approval from the SBA
Of the total $53,000 loan amount, the SBA guaranteed $45,050.
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 8 employees. The loan application indicated that the borrowed money would help create 1 new job.
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SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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