M&i Marshall & Ilsley Bank Provides SBA Loan to Buy 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.
Entry Point franchise loans are available to Gilbert, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin, issued an SBA franchise loan for an Entry Point franchise in 2006. We've got all the details on this Arizona small business loan.
SBA Loan Borrower
GLASS WISE LLC
GILBERT, AZ 85233
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
Related Links:
EntryPoint
The Friends and Family Network
Small Bank Loans in Milwaukee, Wisconsin
Wisconsin SBA 7A Lenders