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May 13, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Fond Du Lac, Business Loans > Hometown Bank Fond Du Lac Business Loans > Manufacturing Industries Loan | ||||
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How to Get SBA Loans in Oskhosh, Wisconsin
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Manufacturing LoansLooking for loans for manufacturing? Try the SBA. This $1,200,000 manufacturing loan was issued by a Wisconsin bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oskhosh, Wisconsin was able to borrow $1,200,000 from Hometown Bank. The SBA made the loan possible by guaranteeing $900,000 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING INDUSTRIES SBA Loan Lender HOMETOWN BANK This 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 3999 - Manufacturing Industries NAICS Code 339999 - Manufacturing Loan Approval Date 11/10/2005 Loan Approval Gross Amount $1,200,000 Loan Approval from the SBA Of the total $1,200,000 loan amount, the SBA guaranteed $900,000. 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 60 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Hometown Bank and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks in Fond Du Lac, Wisconsin
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