Loan to Buy Fantastic Sam's Franchise Issued By First National Community Bank

Borrowing money to invest in a Fantastic Sam's franchise? First National Community Bank has a history of making these loans and they are guaranteed by the SBA.

Fantastic Sam's franchise loans are available to Hudson, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Community Bank, based in Hudson, Wisconsin, issued an SBA franchise loan for a Fantastic Sam's franchise in 2004. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

FANTASTIC SAMS (DBV, LLC)
HUDSON, WI 54017

SBA Loan Lender

FIRST NATIONAL COMMUNITY BANK
744 RYAN DR
HUDSON, WI 54016

This lender issued this particular small business loan 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

812113 - Nail Salons

Loan Approval Date

10/19/2004

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had 32 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $95,000 loan. Remember, you control your own destiny.

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:

Fantastic Sams

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Where to Get an SBA Loan in Hudson, Wisconsin

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