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May 4, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Waterloo, Business Loans > Farmers & Merchants State Bank Waterloo Business Loans > Papa Murphy's Pizza Loan | ||||
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How to Get SBA Loans in Oconomowoc, Wisconsin
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Loan to Buy Papa Murphy's Take & Bake Pizza Franchise Issued By Farmers & Merchants State BankBorrowing money to buy a Papa Murphy's Take & Bake Pizza franchise? Farmers & Merchants State Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Papa Murphy's Take & Bake Pizza franchise requires some effort but others before you have been successful. In 2005, Farmers & Merchants State Bank issued an SBA franchise loan to an entrepreneur in Oconomowoc, Wisconsin. Because Papa Murphy's Take & Bake Pizza was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis. SBA Loan Borrower PAPA MURPHY'S PIZZA SBA Loan Lender FARMERS & MERCHANTS STATE BANK This lender issued this particular small 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. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/22/2005 Loan Approval Gross Amount $85,400 Loan Approval from the SBA Of the total $85,400 loan amount, the SBA guaranteed $72,590. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This SBA loan was for $85,400. How would you spend $85,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Lenders in Waterloo, Wisconsin
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