Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Advice for Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Boat Dealers

Looking for small business loans for boat dealers? An SBA loan may be just what you've been looking for. This $375,200 boat dealers loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with M&i Marshall & Ilsley Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $375,200 to help grow their Phoenix, Arizona business.

SBA Loan Borrower

COMPANY TYPE: BOAT DEALERS
Phoenix, AZ 85034

SBA Loan Lender

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

This lender provides SBA small business 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

441222 - Boat Dealers

Loan Approval Date

1/31/2008

Loan Approval Gross Amount

$375,200

Loan Approval from the SBA

Of the total $375,200 loan amount, the SBA guaranteed $281,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. This SBA loan request indicated that the loan would help generate 11 new jobs and retain 11 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Phoenix AZ, you ought to talk with a local Phoenix SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phoenix businesses.

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:

The Friends and Family Network

Best Milwaukee, Wisconsin Banks for Small Business

Find an SBA Lender in Wisconsin