Frontier Bank Provides SBA Loan to Buy Wsi Ice Business Franchise

Need money to purchase a Wsi Ice Business franchise? Frontier Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Wsi Ice Business franchise? If so, here's a 2003 SBA franchise loan that you should know about. Frontier Bank was the lender and the entrepreneur was based in Harrisburg, South Dakota.

SBA Loan Borrower

INNOVATIVE EB SOLUTIONS INC
HARRISBURG, SD 57032

SBA Loan Lender

FRONTIER BANK
3501 W 57TH ST
SIOUX FALLS, SD 57108

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541511 - Custom Computer Programming Services

Loan Approval Date

4/7/2003

Loan Approval Gross Amount

$50,300

Loan Approval from the SBA

Of the total $50,300 loan amount, the SBA guaranteed $42,755.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wsi Ice Business franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Frontier 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.

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