Borrow Money to Buy a Days Inn Franchise

Need money to buy a Days Inn franchise? American Enterprise Bank has a history of making these loans and they are guaranteed by the SBA.

Days Inn franchise loans are available to Eau Claire, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American Enterprise Bank, based in Buffalo Grove, Illinois, issued an SBA franchise loan for a Days Inn franchise in 2007. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

SAPNAS INC
EAU CLAIRE, WI 54701

SBA Loan Lender

AMERICAN ENTERPRISE BANK
600 N BUFFALO GROVE RD
BUFFALO GROVE, IL 60089

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

721110 - Hotels and Motels

Loan Approval Date

9/5/2007

Loan Approval Gross Amount

$1,610,300

Loan Approval from the SBA

Of the total $1,610,300 loan amount, the SBA guaranteed $1,207,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Eau Claire WI, you ought to talk with a local Eau Claire SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eau Claire businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,610,300 loan. Remember, you control your own destiny.

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:

Days Inn Worldwide Inc.

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Buffalo Grove, Illinois

Getting an SBA Loan in Illinois