Loan Census Banking News and Information
November 24, 2024  
 
 
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Wisconsin Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Wisconsin Entrepreneur Secures Financing to Buy Fantastic Sam's Franchise

Borrowing money to invest in a Fantastic Sam's franchise? Cornerstone Community Bank has a history of making these loans and they are guaranteed by the SBA.

Fantastic Sam's franchise loans are available to Brookfield, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cornerstone Community Bank, based in Grafton, Wisconsin, issued an SBA franchise loan for a Fantastic Sam's franchise in 2004. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

FANTASTIC SAMS
BROOKFIELD, WI 53051

SBA Loan Lender

CORNERSTONE COMMUNITY BANK
2090 WISCONSIN AVE
GRAFTON, WI 53024

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

12/29/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 6 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.

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:

Fantastic Sams

VC Firms on Twitter

Small Business Banks in Grafton, Wisconsin

SBA Wisconsin Lenders