Appleton, WI Entrepreneur Gets SBA Loan to Buy Learning Rx Franchise

Borrowing money to purchase a Learning Rx franchise? Bank Mutual 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 Learning Rx franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Bank Mutual. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LEARNING RX (ABOUT BETTER CARE
APPLETON, WI 54915

SBA Loan Lender

BANK MUTUAL
101 W WISCONSIN AVE
NEENAH, WI 54956

This lender issued this particular SBA bank 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

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

4/6/2005

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Learning Rx franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Appleton WI, you ought to talk with a local Appleton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Appleton businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Mutual and they will explain how you can get an SBA loan for your company.

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:

LearningRx

Alternative Financing

Small Business Banks in Neenah, Wisconsin

Getting a Business Loan in Wisconsin