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April 28, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Buffalo Grove, Business Loans > American Enterprise Bank Buffalo Grove Business Loans > Ishwas Hospitality LLC Loan | ||||
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Business Loans for Mineral Point Business Owners
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Wisconsin Entrepreneur Secures Financing to Buy Comfort Inn FranchiseNeed a loan to buy a Comfort Inn franchise? American Enterprise Bank has a history of making these loans and they are guaranteed by the SBA. Comfort Inn franchise loans are available to Mineral Point, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American Enterprise Bank, based in Buffalo Grove, Illinois, issued an SBA franchise loan for a Comfort Inn franchise in 2007. We've got all the details on this Wisconsin small business loan. SBA Loan Borrower ISHWAS HOSPITALITY LLC SBA Loan Lender AMERICAN ENTERPRISE BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 11/8/2007 Loan Approval Gross Amount $1,358,200 Loan Approval from the SBA Of the total $1,358,200 loan amount, the SBA guaranteed $1,018,650. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Comfort Inn franchise. At the time of the loan, the company had 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. American Enterprise Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, American Enterprise Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks in Buffalo Grove, Illinois
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