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April 29, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Fond Du Lac, Wisconsin

 

 
Loan Census SBA Loan Info

Wisconsin Entrepreneur Secures Financing to Buy Miracle Appearance Reconditioning Sp Franchise

Need a loan to invest in a Miracle Appearance Reconditioning Sp franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Miracle Appearance Reconditioning Sp franchise requires some effort but others before you have been successful. In 2004, M&i Marshall & Ilsley Bank issued an SBA franchise loan to an entrepreneur in Fond Du Lac, Wisconsin. Because Miracle Appearance Reconditioning Sp was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

DANIEL W. DOHERTY D/B/A MIRACL
FOND DU LAC, WI 54937

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This lender provides SBA small business 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

811111 - General Automotive Repair

Loan Approval Date

9/2/2004

Loan Approval Gross Amount

$63,500

Loan Approval from the SBA

Of the total $63,500 loan amount, the SBA guaranteed $53,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Miracle Appearance Reconditioning Sp franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $63,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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