Commercial Loans for Office Machinery and Equipment Rental and Leasing
Looking for commercial loans for office machinery and equipment rental and leasing? Talk to a banker who works with the SBA. This $150,000 office machinery and equipment rental and leasing loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Allis, Wisconsin was able to borrow $150,000 from First Bank Financial Centre. The SBA made the loan possible by guaranteeing $127,500 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: EQUIPMENT RENTAL AND LEASING
WEST ALLIS, WI 53219
SBA Loan Lender
FIRST BANK FINANCIAL CENTRE
155 W WISCONSIN AVE
OCONOMOWOC, WI 53066
This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7359 - Equipment Rental and Leasing
NAICS Code
532420 - Office Machinery and Equipment Rental and Leasing
Loan Approval Date
3/31/2006
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. This loan was not for a franchise. At the time of the loan, the company
had 9 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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
Who Lends Money to Small Businesses in Oconomowoc, Wisconsin
Getting a Business Loan in Wisconsin