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April 19, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Milwaukee, Business Loans > Bank Mutual Milwaukee Business Loans > Learning Rx Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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Borrow Money to Buy a Learning Rx FranchiseNeed a loan to invest in a Learning Rx franchise? Bank Mutual has a history of making these loans and they are guaranteed by the SBA. Learning Rx franchise loans are available to Appleton, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Mutual, based in Milwaukee, Wisconsin, issued an SBA franchise loan for a Learning Rx franchise in 2006. We've got all the details on this Wisconsin small business loan. SBA Loan Borrower LEARNING RX SBA Loan Lender BANK MUTUAL This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621340 - Physical, Occupational and Speech Therapists, and Audiologists Loan Approval Date 10/25/2006 Loan Approval Gross Amount $105,000 Loan Approval from the SBA Of the total $105,000 loan amount, the SBA guaranteed $52,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Learning Rx franchise. At the time of the loan, the company had 27 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 27 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Getting an SBA Loan in Wisconsin
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