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.
Related Links:
The UPS Store
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Good Banks for Small Business in Madison, Wisconsin
Wisconsin SBA Banks