Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

How Hard Is It to Get a Small Business Loan in West Allis, Wisconsin?

 

 
Loan Census SBA Loan Info

Vending Machine Operators Loans

Looking for loans for vending machine operators? Talk to a banker who works with the SBA. This $10,000 vending machine operators 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 $10,000 from M&i Marshall & Ilsley Bank. The SBA made the loan possible by guaranteeing $5,000 of this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: VENDING MACHINE OPERATORS
West Allis, WI 53227

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

454210 - Vending Machine Operators

Loan Approval Date

6/25/2007

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Choosing VC Firms

SBA 7A Lenders in Milwaukee, Wisconsin

Getting a Business Loan in Wisconsin