Madison, WI Entrepreneur Gets SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise
Need a loan to invest in a Papa Murphy's Take & Bake Pizza franchise? Anchor Bancorp Wisconsin Inc. has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Papa Murphy's Take & Bake Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Anchor Bancorp Wisconsin Inc. was the lender and the entrepreneur was based in Madison, Wisconsin.
SBA Loan Borrower
PAPA MURPHYS PIZZA
MADISON, WI 53717
SBA Loan Lender
ANCHOR BANCORP WISCONSIN INC.
25 W MAIN ST
MADISON, WI 53703
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/1/2007
Loan Approval Gross Amount
$475,000
Loan Approval from the SBA
Of the total $475,000 loan amount, the SBA guaranteed $356,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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:
Role of Business Plan When Raising Money
SBA 7A Banks in Madison, Wisconsin
Wisconsin SBA 7A Lenders