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April 20, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Stevens Point, Business Loans > Community First Bank Stevens Point Business Loans > Straight Shot Express Loan | ||||
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Good Sources for Marshfield SBA Loans
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Marshfield, WI Entrepreneur Gets SBA Loan to Buy Straight Shot Express FranchiseBorrowing money to purchase a Straight Shot Express franchise? Community First Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Marshfield, Wisconsin needed money to invest in a Straight Shot Express franchise back in 2000. Community First Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan. SBA Loan Borrower STRAIGHT SHOT EXPRESS SBA Loan Lender COMMUNITY FIRST BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4215 - Courier Services Loan Approval Date 2/15/2000 Loan Approval Gross Amount $80,500 Loan Approval from the SBA Of the total $80,500 loan amount, the SBA guaranteed $64,400. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Straight Shot Express franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Dealing With Venture Capitalists Small Bank Loans in Stevens Point, Wisconsin
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