Associated Bank Provides SBA Loan to Buy Slumberland Franchise
Need money to invest in a Slumberland franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.
Slumberland franchise loans are available to Prairie Du Chien, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Associated Bank, based in Green Bay, Wisconsin, issued an SBA franchise loan for a Slumberland franchise in 2007. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
16TH SOUTH INVESTMENTS, LLC
Prairie du Chien, WI 53821
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442110 - Furniture Stores
Loan Approval Date
2/13/2007
Loan Approval Gross Amount
$238,500
Loan Approval from the SBA
Of the total $238,500 loan amount, the SBA guaranteed $178,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Slumberland franchise. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Associated Bank and they will explain how you can get an SBA loan for your company.
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:
Slumberland Furniture
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Banks in Green Bay, Wisconsin
SBA Wisconsin Banks