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April 20, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Plover, Business Loans > Woodtrust Bank Plover Business Loans > Pickermans, The Original Soup Loan | ||||
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How to Get SBA Loans in Stevens Point, Wisconsin
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Wisconsin Entrepreneur Secures Financing to Buy Pickerman's FranchiseNeed a loan to buy a Pickerman's franchise? Woodtrust Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Stevens Point, Wisconsin needed money to invest in a Pickerman's franchise back in 2004. Woodtrust Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan. SBA Loan Borrower PICKERMANS, THE ORIGINAL SOUP SBA Loan Lender WOODTRUST BANK This lender issued this particular 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 10/5/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pickerman's franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Raising VC Money for Social Networking Companies SBA Participating Banks in Plover, Wisconsin Getting an SBA Loan in Wisconsin
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