Green Bay, WI Entrepreneur Gets SBA Loan to Buy Taco John's Franchise

Need a loan to purchase a Taco John's franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Taco John's franchise requires some effort but others before you have been successful. In 2006, Associated Bank issued an SBA franchise loan to an entrepreneur in Green Bay, Wisconsin. Because Taco John's was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

TACO JOHN'S INTERNATIONAL
GREEN BAY, WI 54313

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/23/2006

Loan Approval Gross Amount

$401,500

Loan Approval from the SBA

Of the total $401,500 loan amount, the SBA guaranteed $301,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco John's franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 32 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Taco John's International

Understanding Dilution

Best Banks in Green Bay, Wisconsin

SBA Participating Banks in Wisconsin