Park Bank Provides SBA Loan to Buy Assist 2 Sell Discount Realty Franchise
Need a loan to buy an Assist 2 Sell Discount Realty franchise? Park Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Assist 2 Sell Discount Realty franchise? If so, here's a 2007 SBA franchise loan that you should know about. Park Bank was the lender and the entrepreneur was based in Onalaska, Wisconsin.
SBA Loan Borrower
HOMETOWNE RIVER REALTY, LLC
ONALASKA, WI 54650
SBA Loan Lender
PARK BANK
1200 MAIN ST
HOLMEN, WI 54636
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency 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
531210 - Real Estate Agents and Brokers
Loan Approval Date
3/13/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 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 an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Park Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Park Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Assist-2-Sell
Direct Public Offerings
Small Bank Loans in Holmen, Wisconsin
Where to Get an SBA Loan Wisconsin