Loan Census Banking News and Information
November 15, 2024  
 
 
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I Need a Loan to Buy a Franchise in Onalaska, Wisconsin

 

 
Loan Census SBA Loan Info

Wisconsin Entrepreneur Secures Financing to Buy Wild Birds Unlimited Franchise

Borrowing money to purchase a Wild Birds Unlimited franchise? Park Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Wild Birds Unlimited franchise may simply require a phone call to a local SBA banker. In 2003, Park Bank issued an SBA franchise loan to an entrepreneur in Onalaska, Wisconsin. Because Wild Birds Unlimited was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

WILD BIRDS UNLIMITED
ONALASKA, WI 54650

SBA Loan Lender

PARK BANK
700 STATE ST
LA CROSSE, WI 54602

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

8/27/2003

Loan Approval Gross Amount

$162,000

Loan Approval from the SBA

Of the total $162,000 loan amount, the SBA guaranteed $121,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wild Birds Unlimited franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $162,000 loan. Remember, if it to be, it is up to me!

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:

Wild Birds Unlimited, Inc.

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Where to Get an SBA Loan in La Crosse, Wisconsin

Wisconsin SBA 7A Banks