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November 15, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Saint Paul, Business Loans > Park Midway Bank Saint Paul Business Loans > Papa Murphy's Of River Falls I Loan | ||||
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Park Midway Bank Franchise Business Loans
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Wisconsin Entrepreneur Secures Financing to Buy Papa Murphy's Take & Bake Pizza FranchiseBorrowing money to invest in a Papa Murphy's Take & Bake Pizza franchise? Park Midway Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Papa Murphy's Take & Bake Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Park Midway Bank was the lender and the entrepreneur was based in Stone Lake, Wisconsin. SBA Loan Borrower PAPA MURPHY'S OF RIVER FALLS I SBA Loan Lender PARK MIDWAY 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. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/28/2007 Loan Approval Gross Amount $576,000 Loan Approval from the SBA Of the total $576,000 loan amount, the SBA guaranteed $432,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 16 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Park Midway Bank and they will explain how you can get an SBA loan for your company. 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: Role of Business Plan When Raising Money Best Banks in Saint Paul, Minnesota Where to Get an SBA Loan Minnesota
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