Borrow Money to Buy a Grand Traverse Pie Company Franchise
Need money to buy a Grand Traverse Pie Company franchise? Northwestern Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Grand Traverse Pie Company franchise shouldn't be overly burdensome. In 2006, Northwestern Bank issued an SBA franchise loan to an entrepreneur in Petoskey, Michigan. Because Grand Traverse Pie Company was registered with the SBA's registry of franchises, this Michigan small business loan was issued on an expedited basis.
SBA Loan Borrower
GRAND TRAVERSE PIE COMPAY
PETOSKEY, MI 49770
SBA Loan Lender
NORTHWESTERN BANK
625 S GARFIELD
TRAVERSE CITY, MI 49686
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
445291 - Baked Goods Stores
Loan Approval Date
3/1/2006
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Grand Traverse Pie Company franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the funding would help generate 10 new jobs.
Getting an SBA Loan For Your Business
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.
We can help you find the best banks for small businesses in Petoskey or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How to Raise Money
Where to Get an SBA Loan in Traverse City, Michigan
Michigan SBA 7A Banks