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May 13, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > M&i Marshall & Ilsley Bank Milwaukee Business Loans > Septic Tank And Related Services Loan | ||||
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SBA Lenders in Hubertus
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M&i Marshall & Ilsley Bank SBA Loan to Septic Tank And Related Services CompanyAn SBA loan from M&i Marshall & Ilsley Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hubertus, Wisconsin business owner got a $87,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hubertus, Wisconsin was able to borrow $87,500 from M&i Marshall & Ilsley Bank. The SBA made the loan possible by guaranteeing $74,375 of this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES SBA Loan Lender M&I MARSHALL & ILSLEY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 562991 - Septic Tank and Related Services Loan Approval Date 8/19/2003 Loan Approval Gross Amount $87,500 Loan Approval from the SBA Of the total $87,500 loan amount, the SBA guaranteed $74,375. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into M&i Marshall & Ilsley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best Milwaukee, Wisconsin Banks for Small Business
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