M&i Marshall & Ilsley Bank Provides SBA Loan to Buy Erbert & Gerbert's Subs & Clubs Franchise

Need money to buy an Erbert & Gerbert's Subs & Clubs franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Erbert & Gerbert's Subs & Clubs franchise? If so, here's a 2005 SBA franchise loan that you should know about. M&i Marshall & Ilsley Bank was the lender and the entrepreneur was based in Milwaukee, Wisconsin.

SBA Loan Borrower

LAKSHA FOODS, LLC
MILWAUKEE, WI 53202

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/7/2005

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Erbert & Gerbert's Subs & Clubs franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the funding would help generate 4 new jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Erbert & Gerbert's Subs & Clubs

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Find an SBA Lender in Milwaukee, Wisconsin

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