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November 14, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Green Bay, Business Loans > Associated Bank Green Bay Business Loans > Straight Shot Express Loan | ||||
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Small Business Banks for Davenport, Iowa Small Businesses
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Loan to Buy Straight Shot Express Franchise Issued By Associated BankNeed money to invest in a Straight Shot Express franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Davenport, Iowa and are interested in buying a Straight Shot Express franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Associated Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower STRAIGHT SHOT EXPRESS SBA Loan Lender ASSOCIATED BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 492110 - Couriers and Express Delivery Services Loan Approval Date 7/1/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Straight Shot Express franchise. At the time of the loan, the company had 50 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 Associated Bank 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: Best Banks in Green Bay, Wisconsin
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