Borrowing Money for Remediation Services

With these loans for remediation services, the SBA guarantees the lender that the loan will be repaid. This remediation services loan for $303,200 was given to an Arizona entrepreneur in 2006.

Getting a small business loan in Scottsdale, Arizona was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from M&i Marshall & Ilsley Bank, operating out of Milwaukee, Wisconsin. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: REMEDIATION SERVICES
SCOTTSDALE, AZ 85257

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

562910 - Remediation Services

Loan Approval Date

1/20/2006

Loan Approval Gross Amount

$303,200

Loan Approval from the SBA

Of the total $303,200 loan amount, the SBA guaranteed $151,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into M&i Marshall & Ilsley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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 Participating Banks in Milwaukee, Wisconsin

Wisconsin SBA 7A Lenders