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November 23, 2024  
 
 
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Wisconsin Entrepreneur Secures Financing to Buy The UPS Store Franchise

Need a loan to invest in a UPS Store franchise? Great Wisconsin Cu has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Rice Lake, Wisconsin needed money to invest in a The UPS Store franchise back in 2005. Great Wisconsin Cu issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

THE UPS STORE
RICE LAKE, WI 54868

SBA Loan Lender

GREAT WISCONSIN CU
2424 RIMROCK RD
MADISON, WI 53713

This business 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

491110 - Postal Service

Loan Approval Date

7/19/2005

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 3 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Rice Lake WI, you ought to talk with a local Rice Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rice Lake businesses.

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 Great Wisconsin Cu 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.

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