Associated Bank Provides SBA Loan to Buy H & R Block Franchise

Need money to purchase a H & R Block franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a H & R Block franchise? If so, here's a 2000 SBA franchise loan that you should know about. Associated Bank was the lender and the entrepreneur was based in Juneau, Wisconsin.

SBA Loan Borrower

H & R BLOCK
JUNEAU, WI 53039

SBA Loan Lender

ASSOCIATED BANK
201 PARK AVE
BEAVER DAM, WI 53916

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7291 - Tax Return Preparation Services

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

5/12/2000

Loan Approval Gross Amount

$92,000

Loan Approval from the SBA

Of the total $92,000 loan amount, the SBA guaranteed $73,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a H & R Block franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Associated Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

H&R Block

Find Start-Up Capital

Find an SBA Lender in Beaver Dam, Wisconsin

Wisconsin SBA Banks