The U.S. Small Business Administration (SBA) approved $11.9 million in loan guarantees in August for southeastern Wisconsin companies, down 18.4 percent from $14.6 million in the same month a year earlier.
The data includes loans to companies in a nine-county area consisting of Milwaukee, Waukesha, Washington, Ozaukee, Walworth, Racine, Kenosha, Sheboygan and Jefferson counties.
The largest SBA loans in southeastern Wisconsin in August included:
- Waukesha Iron & Metal Inc., 1407 E. Main St., Waukesah, $2 million, from Wisconsin Business Development Finance Corp.
- CNR Group, W209 N17341 Industrial Dr., Jackson, $1,113,000, from Wells Fargo Bank.
- Milwaukee Boiler International, 1101 S. 41st St., Milwaukee, $1,002,500, from Community Bank & Trust.