Milwaukee, Wisconsin Lender Lends Money to Fabricated Metal Product Manufacturing Company
Thinking about meeting with a Milwaukee, Wisconsin bank about an SBA loan? Here's one Arizona business loan, issued by a Milwaukee bank, that was approved by the SBA.
Applying for an SBA loan with M&i Marshall & Ilsley Bank worked out well for our friends at one local business in Tucson, Arizona. They got an SBA loan for $788,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
TUCSON, AZ 85705
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
4/9/2007
Loan Approval Gross Amount
$788,000
Loan Approval from the SBA
Of the total $788,000 loan amount, the SBA guaranteed $591,000.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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