Loan Census Banking News and Information
December 22, 2024  
 
 
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Banks for Wausau, Wisconsin Business Owners

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Travel Trailer and Camper Manufacturing

Looking for SBA loans for travel trailer and camper manufacturing? Talk to a banker who works with the SBA. This $150,000 travel trailer and camper manufacturing loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Mid-Wisconsin Bank, out of Weston, Wisconsin. The loan was granted and they received $150,000 to help grow their Wausau, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: TRAVEL TRAILER AND CAMPER MANUFACTURING
WAUSAU, WI 54401

SBA Loan Lender

MID-WISCONSIN BANK
7403 STONE RIDGE DR
WESTON, WI 54476

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336214 - Travel Trailer and Camper Manufacturing

Loan Approval Date

8/10/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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 Mid-Wisconsin 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.

Related Links:

Financing Your Business

Banks in Weston, Wisconsin

Getting an SBA Loan in Wisconsin