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April 25, 2024  
 
 
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Loans to Buy a Franchise in Wisconsin

 

 
Loan Census SBA Loan Info

Loan to Buy Signs By Tomorrow Franchise Issued By Waukesha State Bank

Borrowing money to buy a Signs By Tomorrow franchise? Waukesha State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Signs By Tomorrow franchise shouldn't be overly burdensome. In 2005, Waukesha State Bank issued an SBA franchise loan to an entrepreneur in West Allis, Wisconsin. Because Signs By Tomorrow was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

SIGNS BY TOMORROW
WEST ALLIS, WI 53227

SBA Loan Lender

WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188

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.

NAICS Code

423990 - Durable Goods Merchant Wholesalers

Loan Approval Date

11/16/2005

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $65,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Signs By Tomorrow

Attracting Investors

SBA Approved Banks in Waukesha, Wisconsin

Getting an SBA Loan in Wisconsin