Minnesota Entrepreneur Secures Financing to Buy Business Partner One-Stop Marketing Franchise

Borrowing money to invest in a Business Partner One-Stop Marketing franchise? Park Midway Bank has a history of making these loans and they are guaranteed by the SBA.

Business Partner One-Stop Marketing franchise loans are available to St. Paul, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Park Midway Bank, based in Saint Paul, Minnesota, issued an SBA franchise loan for a Business Partner One-Stop Marketing franchise in 2006. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

BUSINESS PARTNER
ST. PAUL, MN 55105

SBA Loan Lender

PARK MIDWAY BANK
2300 COMO AVE
SAINT PAUL, MN 55108

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541613 - Marketing Consulting Services

Loan Approval Date

3/10/2006

Loan Approval Gross Amount

$183,400

Loan Approval from the SBA

Of the total $183,400 loan amount, the SBA guaranteed $137,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Business Partner One-Stop Marketing franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in St. Paul or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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