Arizona Entrepreneur Secures Financing to Buy Partyland retail Party Goods Franchise

Need money to invest in a Partyland retail Party Goods franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

Partyland retail Party Goods franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, M&i Marshall & Ilsley Bank, based in Phoenix, Arizona, issued an SBA franchise loan for a Partyland retail Party Goods franchise in 2001. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

PARTY LAND
PHOENIX, AZ 85044

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
ONE E CAMELBACK RD
PHOENIX, AZ 85012

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

3/29/2001

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like M&i Marshall & Ilsley Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Party Land

Business Line of Credit

SBA Approved Banks in Phoenix, Arizona

Arizona SBA 7A Lenders