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May 12, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Madison, Business Loans > Wisconsin Community Bank Madison Business Loans > Prefabricated Wood Building Manufacturing Loan | ||||
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How Do We Get a Business Loan in Munising, Michigan?
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Business Loans for Prefabricated Wood Building ManufacturingLooking for business loans for prefabricated wood building manufacturing? The SBA may be the answer. This $100,000 prefabricated wood building manufacturing loan was issued by a Wisconsin bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Wisconsin Community Bank, out of Madison, Wisconsin. The loan was granted and they received $100,000 to help grow their Munising, Michigan business. SBA Loan Borrower COMPANY TYPE: PREFABRICATED WOOD BUILDING MANUFACTURING SBA Loan Lender WISCONSIN COMMUNITY BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 321992 - Prefabricated Wood Building Manufacturing Loan Approval Date 1/20/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 35 employees. The SBA loan application for the borrower indicated that the loan would help retain 35 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Determining Proper Capital Structure for a Business
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