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December 19, 2024  
 
 
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SBA Lenders for Stewartville Franchisees

 

 
Loan Census SBA Loan Info

Minnesota Entrepreneur Secures Financing to Buy Americinn Franchise

Need 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
STEWARTVILLE, MN 55976

SBA Loan Lender

ASSOCIATED BANK
740 MARQUETTE AVE
MINNEAPOLIS, MN 55402

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:

AmericInn

A Company That Helps Entrepreneurs

Best Banks for Small Business in Minneapolis, Minnesota

Minnesota SBA Bank Lenders