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May 2, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Oconomowoc, Business Loans > First Bank Financial Centre Oconomowoc Business Loans > Bmw Education LLC Loan | ||||
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Advice for Borrowing Money to Buy a Franchise
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New Berlin, WI Entrepreneur Gets SBA Loan to Buy Huntington Learning Center FranchiseNeed a loan to buy a Huntington Learning Center franchise? First Bank Financial Centre has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in New Berlin, Wisconsin needed money to invest in a Huntington Learning Center franchise back in 2006. First Bank Financial Centre issued an SBA franchise loan. Here are the details on this Wisconsin small business loan. SBA Loan Borrower BMW EDUCATION LLC SBA Loan Lender FIRST BANK FINANCIAL CENTRE As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611699 - Schools and Instruction Loan Approval Date 3/24/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Huntington Learning Center franchise. At the time of the loan, the company had 89 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 89 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find business people willing to loan money, 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: Huntington Learning Center, Inc. Raising VC Money for Social Networking Companies SBA 7A Banks for Oconomowoc, Wisconsin Loans
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