Loan to Buy Green Mill Franchise Issued By Park Midway Bank

Borrowing money to purchase a Green Mill franchise? Park Midway Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Hudson, Wisconsin and are interested in buying a Green Mill franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Park Midway Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

GREEN HILL OF HUDSON
HUDSON, WI 54016

SBA Loan Lender

PARK MIDWAY BANK
2300 COMO AVE
SAINT PAUL, MN 55108

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

8/3/2007

Loan Approval Gross Amount

$855,000

Loan Approval from the SBA

Of the total $855,000 loan amount, the SBA guaranteed $641,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Green Mill franchise. At the time of the loan, the company had 99 employees. The SBA loan application for the borrower indicated that the loan would help retain 99 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $855,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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