Milwaukee Economic Development Corporation
SBA 7(a) Lending Profile · FY 2021 analysis
Industry Focus
Top industries served by Milwaukee Economic Development Corporation
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $3.2M | $203K | 11.8% |
| 323111 | Commercial Gravure Printing | 16 | $1.0M | $65K | 11.8% |
| 812111 | Barber Shops | 8 | $2.2M | $281K | 5.9% |
| 458310 | Other | 8 | $1.7M | $210K | 5.9% |
| 722513 | Limited-Service Restaurants | 8 | $2.2M | $270K | 5.9% |
| 812112 | Beauty Salons | 8 | $1.5M | $191K | 5.9% |
| 236220 | Commercial and Institutional Building Construction | 8 | $2.8M | $350K | 5.9% |
| 611699 | All Other Miscellaneous Schools and Instruction | 8 | $1.2M | $150K | 5.9% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 8 | $1.0M | $126K | 5.9% |
| 238990 | All Other Specialty Trade Contractors | 8 | $2.0M | $250K | 5.9% |
Geographic Distribution
SBA lending activity for Milwaukee Economic Development Corporation by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 136 | $28.3M | 100.0% |
Why Choose Milwaukee Economic Development Corporation?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 136 SBA loans approved, totaling $28.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Commercial Gravure Printing, Barber Shops
- ✓Competitive Terms: Average interest rate of 6.25% with flexible term lengths averaging 145 months
- ✓Loan Range: Loan sizes from $30K to $350K, with an average of $208K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Milwaukee Economic Development Corporation SBA lending
What types of businesses does Milwaukee Economic Development Corporation typically finance?
Milwaukee Economic Development Corporation specializes in SBA 7(a) lending to specific industries including full-service restaurants, commercial gravure printing, barber shops, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Milwaukee Economic Development Corporation's typical SBA loan terms?
Milwaukee Economic Development Corporation's SBA 7(a) loans typically feature an average interest rate of 6.25% and average term length of 145 months (approximately 12 years). Loan sizes range from $30K to $350K, with an average loan size of $208K.
Do I need a business valuation for a Milwaukee Economic Development Corporation SBA loan?
Yes, Milwaukee Economic Development Corporation typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Milwaukee Economic Development Corporation compare to other SBA lenders?
Milwaukee Economic Development Corporation has originated 136 SBA loans totaling $28.3M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Milwaukee Economic Development Corporation lend in?
Milwaukee Economic Development Corporation provides SBA 7(a) financing with particularly strong presence in WI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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