M&i Marshall & Ilsley Bank Provides SBA Loan to Buy Country Kitchen Franchise
Need a loan to invest in a Country Kitchen franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Appleton, Wisconsin and are interested in buying a Country Kitchen franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by M&i Marshall & Ilsley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
COUNTRY KITCHEN OF APPLETON
APPLETON, WI 54914
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
6/6/2003
Loan Approval Gross Amount
$650,000
Loan Approval from the SBA
Of the total $650,000 loan amount, the SBA guaranteed $487,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Country Kitchen franchise. At the time of the loan, the company
had 15 employees. The SBA loan application for the borrower indicated that the loan would help create 17 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Country Kitchen International
The Art of Bootstrapping
Small Business Banks in Milwaukee, Wisconsin
Wisconsin SBA 7A Lenders