Green Bay, WI Entrepreneur Gets SBA Loan to Buy Beltone Hearing Aid Service Franchise

Need a loan to buy a Beltone Hearing Aid Service franchise? Amer National Bank-Fox Cities has a history of making these loans and they are guaranteed by the SBA.

If you live near Green Bay, Wisconsin and are interested in buying a Beltone Hearing Aid Service franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Amer National Bank-Fox Cities. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BELLTONE HEARING CARE
GREEN BAY, WI 54303

SBA Loan Lender

AMER NATIONAL BANK-FOX CITIES
2200 N RICHMOND ST
APPLETON, WI 54911

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

5047 - Medical, Dental and Hospital Equipment

NAICS Code

423450 - Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers

Loan Approval Date

10/1/2003

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Beltone Hearing Aid Service franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower 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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $26,000 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.

Related Links:

Business Line of Credit

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SBA Wisconsin Banks