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April 26, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Brookfield, Business Loans > Park Bank Brookfield Business Loans > Midwest Garage Interiors, LLC Loan | ||||
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Where Can I Find Franchise Loans in Waukesha, Wisconsin?
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Waukesha, WI Entrepreneur Gets SBA Loan to Buy Garage Tek FranchiseNeed money to purchase a Garage Tek franchise? Park Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Garage Tek franchise may simply require a phone call to a local SBA banker. In 2006, Park Bank issued an SBA franchise loan to an entrepreneur in Waukesha, Wisconsin. Because Garage Tek was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis. SBA Loan Borrower MIDWEST GARAGE INTERIORS, LLC SBA Loan Lender PARK BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 236118 - Residential Remodelers Loan Approval Date 9/20/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Garage Tek franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours 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: Role of Business Plan When Raising Money Small Business Banks in Brookfield, Wisconsin
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