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April 29, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > Legacy Bank Milwaukee Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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Banks Doing SBA Loans in Wisconsin
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Entrepreneur Works With Milwaukee, Wisconsin Bank to Get an SBA LoanWant to talk with a Milwaukee, Wisconsin bank about a business loan? Here's one Wisconsin business loan, issued by a Milwaukee bank, that was approved by the SBA. Applying for an SBA loan with Legacy Bank worked out well for our friends at one local firm in West Bend, Wisconsin. They received an SBA loan for $1,989,366. Way to go! SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender LEGACY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 5/30/2007 Loan Approval Gross Amount $1,989,366 Loan Approval from the SBA Of the total $1,989,366 loan amount, the SBA guaranteed $1,492,024. 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 34 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 27 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. 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: Dealing With Venture Capitalists SBA 7A Lenders in Milwaukee, Wisconsin
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