Small Business Loans for Metal Coating, Engraving and Allied Services

With these small business loans for metal coating, engraving and allied services, the SBA guarantees the lender that the loan will be repaid. This metal coating, engraving and allied services loan for $20,000 was given to a Wisconsin entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sun Prairie, Wisconsin was able to borrow $20,000 from Monona State Bank. The SBA made the loan possible by guaranteeing $10,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
SUN PRAIRIE, WI 53590

SBA Loan Lender

MONONA STATE BANK
5515 MONONA DR
MONONA, WI 53716

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

332812 - Metal Coating, Engraving and Allied Services

Loan Approval Date

2/20/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

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

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, you control your own destiny.

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:

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Small Bank Loans in Monona, Wisconsin

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