Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Green Bay, Wisconsin Bank Loan

 

 
Loan Census SBA Loan Info

Carpentry Contractors Business Loans

Looking for business loans for carpentry contractors? The SBA may be the answer. This $40,000 carpentry contractors loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with M&i Marshall & Ilsley Bank, out of Green Bay, Wisconsin. The loan was granted and they received $40,000 to help grow their Green Bay, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY WORK
GREEN BAY, WI 54313

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
310 W WALNUT ST
GREEN BAY, WI 54303

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1751 - Carpentry Work

NAICS Code

235510 - Carpentry Contractors

Loan Approval Date

4/11/2000

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $32,000.

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 only one employee. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, fight for what you want, and it will be yours!

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:

Find Start-Up Capital

Find an SBA Lender in Green Bay, Wisconsin

SBA Participating Banks in Wisconsin