Borrow Money to Buy an Entry Point Franchise
Need money to purchase an Entry Point franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Entry Point franchise requires some effort but others before you have been successful. In 2006, M&i Marshall & Ilsley Bank issued an SBA franchise loan to an entrepreneur in Gilbert, Arizona. Because Entry Point was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.
SBA Loan Borrower
GLASS WISE LLC
GILBERT, AZ 85233
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
238150 - Glass and Glazing Contractors
Loan Approval Date
3/31/2006
Loan Approval Gross Amount
$88,400
Loan Approval from the SBA
Of the total $88,400 loan amount, the SBA guaranteed $44,200.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Entry Point franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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:
EntryPoint
Role of Business Plan When Raising Money
SBA 7A Banks in Milwaukee, Wisconsin
Wisconsin SBA 7A Lenders