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November 14, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Minneapolis, Business Loans > Associated Bank Minneapolis Business Loans > Stewartville Americinn Loan | ||||
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SBA Lenders for Stewartville Franchisees
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Minnesota Entrepreneur Secures Financing to Buy Americinn FranchiseNeed money to buy an Americinn franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Stewartville, Minnesota needed money to invest in an Americinn franchise back in 2000. Associated Bank issued an SBA franchise loan. Here are the details on this Minnesota small business loan. SBA Loan Borrower STEWARTVILLE AMERICINN SBA Loan Lender ASSOCIATED BANK 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. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 3/2/2000 Loan Approval Gross Amount $154,500 Loan Approval from the SBA Of the total $154,500 loan amount, the SBA guaranteed $115,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Americinn franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Minneapolis, Minnesota
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