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April 20, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Monona, Business Loans > Monona State Bank Monona Business Loans > Milio's Sandwiches Loan | ||||
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SBA Franchise Lenders in Wisconsin
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Borrow Money to Buy a Milio's Sandwiches FranchiseNeed money to purchase a Milio's Sandwiches franchise? Monona State Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Milio's Sandwiches franchise? If so, here's a 2007 SBA franchise loan that you should know about. Monona State Bank was the lender and the entrepreneur was based in Middleton, Wisconsin. SBA Loan Borrower MILIO'S SANDWICHES SBA Loan Lender MONONA STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/22/2007 Loan Approval Gross Amount $255,800 Loan Approval from the SBA Of the total $255,800 loan amount, the SBA guaranteed $191,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Milio's Sandwiches franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the funding would help generate 5 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Monona State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks in Monona, Wisconsin
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