Borrow Money to Buy an Embroide Me.Com Franchise
Need money to purchase an Embroide Me.Com franchise? Bank Mutual has a history of making these loans and they are guaranteed by the SBA.
Embroide Me.Com franchise loans are available to Oak Creek, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Mutual, based in Milwaukee, Wisconsin, issued an SBA franchise loan for an Embroide Me.Com franchise in 2006. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
EMBROIDEME
OAK CREEK, WI 53154
SBA Loan Lender
BANK MUTUAL
4949 W BROWN DEER RD
MILWAUKEE, WI 53223
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
313222 - Schiffli Machine Embroidery
Loan Approval Date
10/16/2006
Loan Approval Gross Amount
$105,000
Loan Approval from the SBA
Of the total $105,000 loan amount, the SBA guaranteed $52,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Embroide Me.Com franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Mutual so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Embroid Me
Borrowing Money from Friends and Family
SBA 7A Lenders in Milwaukee, Wisconsin
Wisconsin SBA Banks