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May 6, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > Park Bank Milwaukee Business Loans > Aluminum Die-Castings Loan | ||||
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Business Loans for Mauston Business Owners
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Primary Aluminum Production Business LoansLooking for business loans for primary aluminum production? Try the SBA. This $700,000 primary aluminum production loan was issued by a Wisconsin bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Park Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $700,000 to help grow their Mauston, Wisconsin business. SBA Loan Borrower COMPANY TYPE: ALUMINUM DIE-CASTINGS SBA Loan Lender PARK BANK This 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 3363 - Aluminum Die-Castings NAICS Code 331312 - Primary Aluminum Production Loan Approval Date 9/27/2004 Loan Approval Gross Amount $700,000 Loan Approval from the SBA Of the total $700,000 loan amount, the SBA guaranteed $525,000. 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 38 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Family and Friend Investors - Your First Financiers SBA 7A Lenders in Milwaukee, Wisconsin Find an SBA Lender in Wisconsin
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