Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Requirements for Financing a Franchise

 

 
Loan Census SBA Loan Info

M&i Marshall & Ilsley Bank Provides SBA Loan to Buy Fox's Pizza Den Franchise

Need a loan to purchase a Fox's Pizza Den franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Richland Center, Wisconsin and are interested in buying a Fox's Pizza Den franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by M&i Marshall & Ilsley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BLUE RIVER FOODS LLP
RICHLAND CENTER, WI 53581

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

This lender provides SBA loans 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

722110 - Full-Service Restaurants

Loan Approval Date

5/13/2004

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the borrowed money would help create 12 new jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Fox's Pizza Den

Business Credit Evaluation

Who Lends Money to Small Businesses in Milwaukee, Wisconsin

Wisconsin SBA Bank Lenders