Milwaukee, Wisconsin Lender Lends Money to Rubber And Plastics Footwear Manufacturing Company

Find Milwaukee, Wisconsin banks that specialize in small business loans and know how to work with entrepreneurs. M&i Marshall & Ilsley Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Wausau, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from M&i Marshall & Ilsley Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: RUBBER AND PLASTICS FOOTWEAR MANUFACTURING
WAUSAU, WI 54401

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

316211 - Rubber and Plastics Footwear Manufacturing

Loan Approval Date

3/14/2006

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Wausau WI, you ought to talk with a local Wausau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wausau businesses.

We can help you find the best banks for small businesses in Wausau or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Incubators

Small Bank Loans in Milwaukee, Wisconsin

Getting an SBA Loan in Wisconsin