Where to Get Capital for Millwork

Looking for SBA loans for millwork? Talk to a banker who works with the SBA. This $1,046,000 millwork loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Stephenson National Bank & Tr, out of Marinette, Wisconsin. The loan was granted and they received $1,046,000 to help grow their Vulcan, Michigan business.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
VULCAN, MI 49892

SBA Loan Lender

STEPHENSON NATIONAL BANK & TR
1820 HALL AVE
MARINETTE, WI 54143

This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2431 - Millwork

NAICS Code

321918 - Millwork

Loan Approval Date

12/20/2001

Loan Approval Gross Amount

$1,046,000

Loan Approval from the SBA

Of the total $1,046,000 loan amount, the SBA guaranteed $784,500.

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 38 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Stephenson National Bank & Tr 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:

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Small Bank Loans in Marinette, Wisconsin

SBA Lenders in Wisconsin