Loan Census Banking News and Information
November 14, 2024  
 
 
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Milwaukee, Wisconsin Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Milwaukee, Wisconsin Lender Lends Money to Hobby, Toy, And Game Stores Company

A Milwaukee, Wisconsin SBA loan can be yours. Learn how one firm got a $50,500 business loan from this Wisconsin bank.

This loan to a local firm is a good example of an SBA loan. M&i Marshall & Ilsley Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: HOBBY, TOY, AND GAME STORES
SHEBOYGAN, WI 53081

SBA Loan Lender

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

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

3/22/2002

Loan Approval Gross Amount

$50,500

Loan Approval from the SBA

Of the total $50,500 loan amount, the SBA guaranteed $42,925.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The loan application indicated that the borrowed money would help create 1 new job.

Getting an SBA Loan For Your Business

If you are raising money in Sheboygan WI, you ought to talk with a local Sheboygan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sheboygan businesses.

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 M&i Marshall & Ilsley 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.

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