Loan Census Banking News and Information
May 15, 2024  
 
 
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Honey Creek SBA Loans

 

 
Loan Census SBA Loan Info

Company Gets a Wisconsin SBA Loan

Want a Wisconsin SBA loan? This Wisconsin entrepreneur got an SBA loan, provided by a Wisconsin bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Honey Creek, Wisconsin by studying this loan to a local business, made back in 2004. Banks like Mwbank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GRAY AND DUCTILE IRON FOUNDRIES
HONEY CREEK, WI 53138

SBA Loan Lender

MWBANK
W178 N9358 WATER TOWER PLACE
MENOMONEE FALLS, WI 53051

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3321 - Gray and Ductile Iron Foundries

NAICS Code

331511 - Iron Foundries

Loan Approval Date

3/30/2004

Loan Approval Gross Amount

$574,575

Loan Approval from the SBA

Of the total $574,575 loan amount, the SBA guaranteed $430,931.

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 74 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $574,575 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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