Loan to Buy Ramada Inn Franchise Issued By Associated Bank
Need money to purchase a Ramada Inn franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Ramada Inn franchise? If so, here's a 2003 SBA franchise loan that you should know about. Associated Bank was the lender and the entrepreneur was based in Fond Du Lac, Wisconsin.
SBA Loan Borrower
ONE NORTH MAIN INC
FOND DU LAC, WI 54935
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
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
5/6/2003
Loan Approval Gross Amount
$826,200
Loan Approval from the SBA
Of the total $826,200 loan amount, the SBA guaranteed $619,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Ramada Inn franchise. At the time of the loan, the company
had 68 employees. The SBA loan application for the borrower indicated that the loan would help retain 68 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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:
Ramada Franchise Systems, Inc.
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Banks for Green Bay, Wisconsin Loans
Wisconsin SBA 7A Banks