Manufacturing Business Loans

Looking for business loans for manufacturing? The SBA may be the answer. This $355,750 manufacturing loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community Bank Group, out of Grafton, Wisconsin. The loan was granted and they received $355,750 to help grow their Milwaukee, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
MILWAUKEE, WI 53218

SBA Loan Lender

COMMUNITY BANK GROUP
101 FALLS RD
GRAFTON, WI 53024

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

339999 - Manufacturing

Loan Approval Date

3/9/2001

Loan Approval Gross Amount

$355,750

Loan Approval from the SBA

Of the total $355,750 loan amount, the SBA guaranteed $177,875.

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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Group that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Getting a Small Business Loan

SBA Approved Banks in Grafton, Wisconsin

SBA Lenders in Wisconsin