Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Associated Bank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Athlete's Foot Franchise Issued By Associated Bank

Need money to buy an Athlete's Foot franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Athlete's Foot franchise shouldn't be overly burdensome. In 2000, Associated Bank issued an SBA franchise loan to an entrepreneur in Oshkosh, Wisconsin. Because Athlete's Foot was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

ATHLETE'S FOOT OF WISCONSIN IN
OSHKOSH, WI 54904

SBA Loan Lender

ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5661 - Shoe Stores

NAICS Code

448210 - Shoe Stores

Loan Approval Date

7/10/2000

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Athlete's Foot franchise. At the time of the loan, the company had 37 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 37 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Oshkosh or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Find Start-Up Capital

SBA Approved Banks in Neenah, Wisconsin

SBA Participating Banks in Wisconsin