Aluminum Foundries Small Business Loans

Looking for small business loans for aluminum foundries? An SBA loan may be just what you've been looking for. This $250,000 aluminum foundries loan was issued by a Wisconsin bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Schofield, Wisconsin was able to borrow $250,000 from Peoples State Bank. The SBA made the loan possible by guaranteeing $187,500 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: ALUMINUM SHEET, PLATE, AND FOIL
SCHOFIELD, WI 54476

SBA Loan Lender

PEOPLES STATE BANK
1905 STEWART AVE
WAUSAU, WI 54401

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3353 - Aluminum Sheet, Plate, and Foil

NAICS Code

331524 - Aluminum Foundries

Loan Approval Date

11/22/2000

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 4 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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 Peoples State Bank 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.

Related Links:

Direct Public Offerings

SBA Banks in Wausau, Wisconsin

Getting an SBA Loan in Wisconsin