Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Milwaukee, Wisconsin SBA 7A Banks

 

 
Loan Census SBA Loan Info

Milwaukee, Wisconsin Bank Gives SBA Loan to Podiatrists Company

Get SBA loans from a Milwaukee, Wisconsin bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

M&i Marshall & Ilsley Bank is a Milwaukee, Wisconsin small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
WOODRUFF, WI 54568

SBA Loan Lender

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

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

3/21/2005

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan documents indicated that the funding would help create 3 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. M&i Marshall & Ilsley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, M&i Marshall & Ilsley Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Business Line of Credit

Where to Get an SBA Loan in Milwaukee, Wisconsin

Find an SBA Lender in Wisconsin