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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Appleton, WI Entrepreneur Gets SBA Loan to Buy Glass Doctor Franchise

Need money to invest in a Glass Doctor franchise? 1st National Bank - Fox Valley has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Glass Doctor franchise? If so, here's a 2005 SBA franchise loan that you should know about. 1st National Bank - Fox Valley was the lender and the entrepreneur was based in Appleton, Wisconsin.

SBA Loan Borrower

BRG, LLC D/B/A GLASS DOCTOR LO
APPLETON, WI 54914

SBA Loan Lender

1ST NATIONAL BANK - FOX VALLEY
550 S GREEN BAY RD
NEENAH, WI 54956

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

811122 - Automotive Glass Replacement Shops

Loan Approval Date

3/25/2005

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 an existing business. This loan was used to buy a Glass Doctor franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Glass Doctor

SBIR Funding

Good Banks for Small Business in Neenah, Wisconsin

Wisconsin SBA Bank Lenders