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November 15, 2024  
 
 
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Where Can I Find Franchise Loans in Burnsville, Minnesota?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Great Harvest Bread Co. Franchise

Need money to buy a Great Harvest Bread Co. franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Great Harvest Bread Co. franchise? If so, here's a 2004 SBA franchise loan that you should know about. M&i Marshall & Ilsley Bank was the lender and the entrepreneur was based in Burnsville, Minnesota.

SBA Loan Borrower

BREAD COMPANY OF BURNSVILLE IN
BURNSVILLE, MN 55337

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

311811 - Retail Bakeries

Loan Approval Date

5/18/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Great Harvest Bread Co. franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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 $15,000 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.

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