Dodgeville, WI Entrepreneur Gets SBA Loan to Buy True Value Hardware Franchise

Need money to buy a True Value Hardware franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

True Value Hardware franchise loans are available to Dodgeville, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, M&i Marshall & Ilsley Bank, based in Dodgeville, Wisconsin, issued an SBA franchise loan for a True Value Hardware franchise in 2000. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

DODGEVILLE TRUE VALUE HARDWARE
DODGEVILLE, WI 53533

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
302 N IOWA ST
DODGEVILLE, WI 53533

This lender issued this particular loan for a small business 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.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

1/21/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like M&i Marshall & Ilsley Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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