Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Good Sources for Grand Meadow SBA Loans

 

 
Loan Census SBA Loan Info

Eastwood Bank Provides SBA Loan to Buy Wild Birds Unlimited Franchise

Need money to purchase a Wild Birds Unlimited franchise? Eastwood Bank has a history of making these loans and they are guaranteed by the SBA.

Wild Birds Unlimited franchise loans are available to Grand Meadow, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Eastwood Bank, based in Kasson, Minnesota, issued an SBA franchise loan for a Wild Birds Unlimited franchise in 2006. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

WILD BIRDS UNLIMITED
GRAND MEADOW, MN 55936

SBA Loan Lender

EASTWOOD BANK
109 S MANTORVILLE AVE
KASSON, MN 55944

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

453910 - Pet and Pet Supplies Stores

Loan Approval Date

8/2/2006

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $47,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wild Birds Unlimited franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Wild Birds Unlimited, Inc.

Obtaining Funding From a Venture Capitalist

SBA 7A Banks in Kasson, Minnesota

SBA Minnesota Banks