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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Manitowoc, Business Loans > Investors Community Bank Manitowoc Business Loans > Millwork Loan | ||||
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Who Can Get a Business Loan in Manitowoc, Wisconsin?
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Business Loans for MillworkWith these business loans for millwork, the SBA guarantees the lender that the loan will be repaid. This millwork loan for $245,000 was given to a Wisconsin entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Manitowoc, Wisconsin was able to borrow $245,000 from Investors Community Bank. The SBA made the loan possible by guaranteeing $183,750 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: MILLWORK SBA Loan Lender INVESTORS COMMUNITY BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321918 - Millwork Loan Approval Date 12/8/2004 Loan Approval Gross Amount $245,000 Loan Approval from the SBA Of the total $245,000 loan amount, the SBA guaranteed $183,750. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Manitowoc, Wisconsin Banks for Small Business
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