Loan Census Banking News and Information
November 21, 2024  
 
 
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Wisconsin Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Papa Murphy's Take & Bake Pizza Franchise

Need money to invest in a Papa Murphy's Take & Bake Pizza franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Papa Murphy's Take & Bake Pizza franchise loans are available to Mukwonago, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin, issued an SBA franchise loan for a Papa Murphy's Take & Bake Pizza franchise in 2003. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

TCH & G INC
MUKWONAGO, WI 53149

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/8/2003

Loan Approval Gross Amount

$170,000

Loan Approval from the SBA

Of the total $170,000 loan amount, the SBA guaranteed $127,500.

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 30 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like M&i Marshall & Ilsley Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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