St. Nazianz, WI Entrepreneur Gets SBA Loan to Buy Schocker Chrylser & Dodge Truck Franchise

Borrowing money to invest in a Schocker Chrylser & Dodge Truck franchise? Bank First National has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Schocker Chrylser & Dodge Truck franchise requires some effort but others before you have been successful. In 2007, Bank First National issued an SBA franchise loan to an entrepreneur in St. Nazianz, Wisconsin. Because Schocker Chrylser & Dodge Truck was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

SCHOCKER REAL ESTATE LLC
ST. NAZIANZ, WI 54232

SBA Loan Lender

BANK FIRST NATIONAL
402 N 8TH ST
MANITOWOC, WI 54221

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

441110 - New Car Dealers

Loan Approval Date

5/22/2007

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Schocker Chrylser & Dodge Truck franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to borrow money from friends and family, 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.

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